Nestled on a premium lot in the highly desirable Hunterbrooke community, this impressive custom-built home has been meticulously maintained by its original owner and thoughtfully upgraded throughout. With brick on three sides and no expense spared, this residence offers exceptional craftsmanship, timeless elegance, and an outstanding outdoor retreat. The expansive backyard provides rare privacy, backing to preservation land and featuring a composite deck, gazebo, and fire pit, creating the perfect setting for entertaining or peaceful relaxation. Step inside to a stunning two-story foyer highlighted by elegant lighting and architectural columns. Formal living and dining rooms flank the entry, showcasing crown molding, chair railing, wainscoting, and sun-drenched windows. Gleaming hardwood floors span the main and upper levels, complemented by custom window treatments, Plantation shutters, recessed lighting, custom ceiling fans, dual staircases, and an interior and exterior intercom system. All bathrooms have been beautifully renovated, enhancing both style and comfort. The beautiful kitchen is designed for both functionality and entertaining, featuring granite countertops, a sleek tile backsplash, stainless steel appliances, gas cooking, a center island, walk-in pantry, prep sink, display cabinetry, wet bar, and a spacious casual dining area. The adjoining morning room offers direct access to the deck, perfect for enjoying your morning coffee with tranquil views. The expansive family room, complete with one of three gas-burning fireplaces, provides an inviting space to unwind. A private home office, light-filled conservatory, laundry room, and powder room complete the main level. Upstairs, the luxurious primary suite is a true sanctuary, offering hardwood floors, tray ceiling, crown molding, a three-sided fireplace, sitting room, dressing room, and two impressive walk-in closets. The renovated (2021) spa-inspired primary bath features dual vanities, a freestanding soaking tub, a water closet, and an oversized shower with multiple shower heads, seating, and a Bluetooth music feature. Three additional spacious bedrooms, including one with an en suite bath and another dual-entry bath, complete the upper level. The finished walk-out lower level offers exceptional versatility with a large recreation room featuring a gas fireplace, surround sound, and wet bar. Additional spaces include a fifth bedroom or exercise room, full bath, second office, media room, hobby room, workshop, and ample storage. Recent updates include a roof, all bathroom renovations, two AC units, cooktop, refrigerator, washer, and dryer (2015–2018). Oversized two car garage with additional spaces to accommodate 10-12 cars. Ideally located just minutes from major commuter routes, this extraordinary home offers the perfect blend of luxury, comfort, and convenience. This is the one you have been waiting for!
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.
