Experience this breathtaking custom home in the highly sought-after Maple Grove Estates—an exceptional property designed for today’s upscale lifestyle. Situated on a spectacular, fully fenced 1-acre lot, this residence has been thoughtfully upgraded at every level and offers both luxury and functionality. This expansive single-story home features a 4-car garage, crown molding throughout, and an open-concept layout that seamlessly connects the formal living room, family room, and dining areas—perfect for both everyday living and entertaining. The main residence includes 3 spacious bedrooms and 2 full bathrooms. At the heart of the home is a gourmet kitchen, complete with an oversized island and breakfast bar, brand new appliances, island cooktop, double ovens, built-in microwave, and abundant storage. Custom solid wood, soft-close cabinetry with sliding drawers is complemented by a blend of wood and granite countertops, updated tile, and wood flooring, recessed lighting, and a custom tile backsplash. A separate entrance provides convenient access to the backyard oasis. The oversized primary suite serves as a true retreat, offering ample space and a private entrance. The luxurious en-suite bathroom features a one-of-a-kind custom walk-in shower with dual shower heads, full-body sprayers, and an electric sauna, along with a Jacuzzi tub, dual vanities, on demand hot water, and generous storage. Additional interior highlights include a dedicated theater room and an upgraded family room, both featuring new tile flooring and modern ceiling fans—ideal for hosting and relaxation. The property also includes a well-appointed 1400sqft guest house with 2 bedrooms, 1 full bathroom, a full kitchen, and a spacious living area. The guest home is complemented by an oversized 2-car garage with sufficient height to accommodate an RV—perfect for extended family, guests, or additional rental income potential. This one-of-a-kind estate offers the perfect blend of comfort, elegance, and versatility—all set on a private and beautifully maintained acre. Step outside to your private retreat featuring a brand-new, saltwater, propane and solar heated, self-cleaning pool, complete with an in-pool lounge area, and an over sized 2000sqft patio, and 180sqft gazebo perfect for relaxing or entertaining year-round. Both the main house and the mother-in-law suite roofs are 1 years old, All 3 AC units are also 1 years old. 4 car garage with 2 additional carport spaces. The main house comes with a brand new Westinghouse 28,000 Watt portable generator with its own cement pad and electrical hook up, and a brand new drain-field was just installed.
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.
