Welcome to 828 Brookside! This beautifully updated 4-bedroom, 3.5-bathroom ranch home offers an impressive amount of living space and a thoughtfully designed layout perfect for today's lifestyle. Step inside to gorgeous luxury vinyl plank flooring and an expansive open-concept living, dining, and kitchen area. Recessed lighting and abundant windows fill the space with natural light, creating a bright and inviting atmosphere. The fully renovated kitchen is sure to impress, featuring stylish two-tone cabinetry, upgraded quartz countertops, a tiled backsplash, new appliances, and a large center island ideal for meal preparation, entertaining, and gathering with family and friends. Just off the kitchen, you'll find a convenient rear entry area complete with a half bath, laundry space, walk-in pantry, and access to the attached two-car garage. This wing of the home also includes a private guest suite featuring a spacious bedroom, full bathroom, and dedicated office, making it perfect for guests, multi-generational living, or working from home. The main level also offers an additional family room highlighted by a charming stone fireplace and two sets of double glass doors that flood the space with natural light while providing easy access to the backyard. Three additional bedrooms are located on the main floor, including a spacious primary suite with its own private full bathroom. A well-appointed hall bath serves the remaining bedrooms. Outside, enjoy the home's outdoor living spaces, including a spacious front yard and backyard perfect for relaxation, entertaining, or play. The backyard features both a deck and patio area, providing plenty of room for outdoor dining, gatherings, and enjoying the peaceful surroundings. With its extensive updates, versatile floor plan, abundant indoor and outdoor living space, and desirable location in a peaceful neighborhood adjacent to Brookside Country Club, this move-in-ready home offers the perfect blend of comfort, style, and functionality. Schedule your private showing today—this exceptional property won't last long!
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.
