Located in desirable Manchester and within the highly sought-after Parkway School District, this beautifully maintained 4-bedroom, 2.5-bath home offers the perfect combination of space, comfort, thoughtful updates, and an incredible outdoor lifestyle. Backing to neighborhood common ground with expansive green space, this property provides a peaceful setting while offering plenty of room to play, entertain, and enjoy the outdoors. You're also just a short walk to the neighborhood pond and walking path. The heart of the home is the spacious kitchen featuring quartz countertops, a large center island, gas cooktop, double ovens, abundant cabinetry, and an open layout that makes everyday living and entertaining effortless. The adjoining living spaces are filled with natural light, enhanced by five solar tubes, creating a bright, warm, and inviting atmosphere throughout the home. Storage is one of this home's standout features. The spacious primary suite includes a professionally designed custom walk-in closet system, while three bedrooms offer walk-in closets, including an oversized secondary bedroom with an impressive custom-organized closet. Additional storage can be found in the thoughtfully designed entry closet with built-in shoe organization, the generous laundry room, lower-level workshop and storage area, plus a backyard storage shed. The outdoor living space is just as impressive, offering a large deck, an expansive hard-surface patio perfect for outdoor dining or entertaining, and a backyard that opens directly to neighborhood common ground, providing exceptional privacy and endless room for recreation. Buy with confidence knowing many of the home's major updates have already been completed, including a roof replaced 6in 2018, dual air conditioning systems for enhanced comfort, five new windows installed in July 2026, and a beautifully renovated second full bathroom completed within the past three years. Combining spacious living areas, abundant storage, quality updates, exceptional outdoor space, and a prime Manchester location close to shopping, dining, parks, and major highways, this move-in-ready home offers the lifestyle today's buyers have been searching for. Don't miss your opportunity to make this exceptional property your next home!
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.
