Beautifully updated 3-bedroom, 2.5-bath townhouse located in Grantham within the Mechanicsburg Area School District, offering a perfect blend of comfort, convenience, and low-maintenance living. A welcoming front entry leads into a lovingly maintained and tastefully decorated interior filled with natural light. The spacious living room features neutral finishes and a comfortable layout ideal for both everyday living and entertaining. Townhomes are owner-occupied, with a low HOA fee covering lawn care and snow removal. The kitchen and dining area provide abundant cabinet space, a center island with seating, and an open flow that makes hosting gatherings easy and enjoyable. 3 spacious bedrooms + 2.5 baths – room to grow Private oversized deck with peaceful wooded views near the Yellow Breeches Open kitchen with island – perfect for everyday living and entertaining Finished lower level for extra living space, home office, or gym Low-maintenance living – HOA covers lawn care & snow removal Convenient location near major routes, shopping, and local parks This home gives you the chance to stop renting and start building equity—with manageable maintenance and a layout that fits today’s lifestyle. Step outside to one of the home's standout features — an oversized deck with new composite decking, perfect for outdoor dining, relaxing, and enjoying peaceful views of the surrounding woods and the nearby Yellow Breeches Creek. The outdoor space offers a quiet retreat while still being conveniently located near local amenities. Upstairs, you will find generously sized bedrooms, including a comfortable primary suite. The finished lower level provides additional flexible space that can be used as a family room, recreation area, home office, or fitness space. Enjoy low-maintenance living with a monthly HOA fee that includes lawn care and trash service. Conveniently located just minutes from Messiah University, Grantham Park, Route 15, and the Pennsylvania Turnpike, this home offers easy access to commuting while still providing a peaceful neighborhood setting. Not in a Flood Zone. Come see everything this beautiful home has to offer.
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.
