COMING SOON! Just under 2 private acres in the desirable Angelica Pines community, this sprawling 6,144-square-foot brick home offers incredible space, quality craftsmanship, and endless possibilities. With 5 bedrooms, 4 full baths, 2 half baths, and a complete in-law suite with its own private entrance, this home is ideal for multi-generational living. The welcoming foyer opens to formal living and dining rooms with beautiful hardwood flooring. The spacious kitchen is built for everyday living and entertaining, featuring a large peninsula island with seating, abundant cabinetry with custom pull-out storage, brick flooring, a bright breakfast area with skylights and beautiful backyard views, plus a convenient pantry. Oversized windows throughout the home bring in an abundance of natural light. The family room offers a cozy wood-burning fireplace, wet bar, and access to one of two enclosed sunrooms, creating the perfect place to relax year-round. A second enclosed sunroom provides even more living space to enjoy the peaceful setting. Working from home is easy with the huge office/library, while a separate sitting room adds additional flexible living space. The mudroom includes a utility sink and half bath, and the home features the convenience of two laundry rooms. Solid wood doors and central vacuum throughout reflect the quality construction found throughout the home. The primary suite is a true retreat with vaulted ceilings, beautiful views, a sitting area with its own fireplace, and a luxurious private bath featuring a tile shower, tile floors, and a Corian soaking tub. The finished lower level includes a spacious game room with direct access from the attached garage, plus a sauna, and a steam room. The full in-law quarters provide exceptional flexibility with a private entrance, full kitchen, living room, bedroom, and full bath—perfect for extended family or guests. A second staircase provides convenient access to the second floor from another area of the home. Outside you'll find an oversized side-entry 2-car attached garage along with a brand-new 30x32 detached garage, offering outstanding space for vehicles, storage, or a workshop. The home is wired for a generator and is located just minutes from the trails and recreation at Nolde Forest Environmental Education Center. If you've been looking for a home that offers privacy, space, and room for everyone, this one checks every box.
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.
