- Welcome to 8090 Kiwi Lane – a fabulous, like-new 3-story home perfectly situated on a private, wooded .82-acre lot in a convenient neighborhood. Completely remodeled, this home features modern updates throughout, including fresh paint, new gas furnace, new carpeting, new luxury vinyl tile flooring, new lighting, spacious renovated bathrooms, and a beautifully updated kitchen with gorgeous quartzite countertops and brand new stainless steel appliances! - The main and second floors are thoughtfully designed for comfort and function. Enjoy a spacious great room, formal dining room, and bright kitchen with sunny eat-n area, perfect for entertaining or everyday living. There is also a separate front entrance conveniently attached to the utility area and powder room. The second floor includes an impressive extra large primary suite with a huge walk-in closet with window AND a spa like bathroom with large double vanity, soaking tub and separate shower! There are two additional bedrooms and another fully renovated full bath with handsome black hardware! Added bonus: The fully finished walkout basement is a standout feature, offering remarkable flexibility. With two recreation rooms, or a bedroom plus rec room, storage area and a full bath, this lower level is ideal for a home theater, gym, guest suite, office or additional living space — adding value and versatility to this great new listing! - Outside, the private, wooded lot provides a serene backdrop for relaxation and natural enjoyment! - With thoughtful updates, abundant natural light, and a versatile floor plan, this home is truly move-in ready. From the remodeled kitchen and bathrooms to the spacious bedrooms and rare finished basement, 8090 Kiwi Lane combines modern style, comfort, and convenience — a must-see opportunity for buyers seeking space, privacy, and turnkey living.
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.
