Welcome to a home that perfectly balances modern style with that warm, "lived-in" comfort you’ve been searching for! Originally built by Osborn Homes in 2012 and located in the highly sought-after O’Fallon School District, this 4-bedroom standout has been beautifully transformed with thoughtful, high-end updates—including fresh professional paint, brand-new flooring, and new interior panel doors that make the entire space feel polished and completely move-in ready. That "home at last" feeling starts the moment you pull into the wide concrete driveway. You’ll love the instant curb appeal of the classic brick veneer paired with crisp black shutters and decorative stone accents. Even the smallest details have personality, like the custom brick mailbox with its own integrated planter. Just beyond the front walk, you’ll find an oversized two-car garage—fully finished and painted to be a clean, versatile space for a workshop, home gym, or keeping your vehicles protected year-round. As you walk up, large multi-pane windows and a transom window promise a bright, sun-filled interior that feels incredibly welcoming. Step into the foyer where the open-concept design truly comes to life with warm wood-style wide-plank flooring, a fresh neutral color palette, and elegant wrought-iron railings. Soaring vaulted ceilings lead you into a spacious Living Room that’s just right for hosting lively get-togethers. The space flows naturally into a chef-friendly kitchen and dining area you’ll love spending time in, featuring rich oak cabinetry and a large, curved breakfast bar island designed for effortless meal prep and casual chats. When it’s finally time to wind down, the bedrooms serve as true sanctuaries with plush neutral carpeting and a peaceful atmosphere. The primary suite is a standout retreat you’ll never want to leave, boasting its own grand vaulted ceiling, a generous walk-in closet, and a private en-suite bathroom for the ultimate serene experience. For even more flexibility, the walk-out lower level offers a cozy family room that opens directly to the backyard, along with a fourth bedroom, a convenient half bathroom, and a dedicated laundry room to keep life organized. The outdoor space is a rare blend of privacy and peace. You can host summer BBQs on the newly built deck, or step down to the massive 52x15 extended patio where a separate pergola provides the perfect shaded spot for lounging within the fully fenced backyard. A matching storage shed ensures your gear stays tucked away, keeping the yard just as tidy and beautiful as the rest of the home. Beyond the property, the friendly Chesapeake Junction community puts you right in the heart of O’Fallon. You’re just minutes from Scott Air Force Base and the vibrant Downtown District, home to the Vine Street Market and local favorites like Peel Wood Fired Pizza. With the 200-acre Family Sports Park nearby and easy access to I-64, you can enjoy your quiet suburban retreat while staying less than 20 minutes from the energy of downtown St. Louis! Ready to see it for yourself? This beautiful property is even better in person! Don’t miss your chance to experience the perfect combination of neighborhood charm and easy access to all your favorite local spots. Schedule your private showing today—we can’t wait to show you around and help you imagine making this house 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.
