Step into the season with a home that flows seamlessly. Tucked away on a quiet cul-de-sac, this 2-story retreat offers the perfect blend of privacy and connection, backing directly onto serene, wooded open space. Inside, the open floor plan creates a natural flow between the living and dining areas…perfect for hosting intimate dinners or expanding your guest list with ease. The Heart of the home has been completely transformed. This spacious eat-in kitchen features a sleek remodel in 2020 headlined by granite countertops and a custom backsplash. The modern aesthetic is anchored by a suite of stainless-steel appliances in a gunstock finish, complemented by a new sink & updated light fixtures. For the ultimate organization, a separate full-size pantry provides ample space for all your culinary essentials. The rear of the home opens into an expansive family room defined by soaring vaulted ceilings that create a grand and airy feel. Flooded with natural light from two rear windows, this inviting space features a sliding glass door that leads directly to the deck. Perfect for indoor & outdoor entertainment. Step off the deck onto a private stone patio, already pre-wired with dedicated electric for your future hot tub. The backyard is a true sanctuary, fully fenced for privacy and bordering lush, wooded open space. Along with a convenient storage shed, the expansive side yard offers a “blank canvas” with enough room for a sparkling pool, a custom swing set, or flourishing garden beds. Back inside, convenience meets style with a crisp powder room, just one of the 3 fully remodeled bathrooms (2019-20) throughout the home. Ascend to the second level to discover a sprawling primary ensuite designed for luxury. This retreat features a stylish new barn door that opens to a private dressing room and a modern, remodeled primary bath. The beautifully remodeled hall bath serves as a true spa like escape, boasting a jetted soaking tub, custom tiled walls and floors and all new fixtures. Completing this level are two oversized guest suites, offering plenty of space and comfort for family or visitors. The large garage also offers clever storage solutions with a dedicated door & opening that houses a walk down staircase to a poured concrete crawl space, keeping your belongings safe, dry and easily accessible. The garage is equipped with a brand new opener, and an extended asphalt driveway effortlessly accommodates four vehicles. This expansive parking area blends gracefully into the front yard, which features professional landscaping and a manicure lawn… creating meticulous curb appeal. These homeowners went above & beyond with high end upgrades at every turn. Major mechanical updates offer total peace of mind, featuring a new washer & dryer (2024), Heater & H/W Heater (2023), and a full roof replacement (2022). Summer Comfort ahead with a newer A/C unit (2019) and High Efficiency Slider & Windows installed throughout (2017-19). The interior shines with modern finishes, including plush newer carpeting (2019-20). Architectural details like crown molding, recessed lighting, and ceiling fans add a polished, custom feel. To top it off, the solar panels installed in 2022 provide incredible energy efficiency, with SREC credits turning monthly utility bills into a true homeowner’s dream. Come Home to Comfort! Tucked Away the Perfect Package with ALL the Extras Included! As a resident of Kings Grant, you will also enjoy all the leisure time privileges of this special address, including a semi-private 18-hole golf course “The Links”. Kings Grant’s 1800 acres offer a diversity of recreational pursuits too - from a nice size community pool (included in the HOA), hiking, kayaking, or canoeing in a number of lakes, fishing, swimming, tennis basketball and more!
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
