Situated on a quiet cul-de-sac and resting on nearly one-third of an acre, this beautifully maintained 4-bedroom, 3-bathroom home combines spacious living with incredible indoor and outdoor entertaining spaces. From the welcoming front porch to the thoughtfully designed backyard oasis, every detail has been created with comfort and functionality in mind.Step inside to discover rich hardwood flooring throughout the main living areas and an open-concept layout filled with natural light. Just off the entryway, a formal dining room provides the perfect setting for gatherings and special occasions. The expansive living room features soaring two-story ceilings, a cozy gas fireplace, and an open balcony overlook that adds both character and elegance to the space.The kitchen is designed for bocharacter and elegance to the space. The kitchen is designed for both everyday living and entertaining, offering warm wood cabinetry, a large center island, abundant counter space, and a bright breakfast area overlooking the backyard. A walk-in pantry and oversized laundry room with built-in shelving are conveniently located near the garage, providing excellent storage and organization. The main floor also includes a private guest suite complete with a walk-in closet and direct access to a full bathroom, making it ideal for guests, a home office, or flexible multi-generational living. Upstairs, two spacious secondary bedrooms share a full bathroom, while the oversized primary suite offers a relaxing retreat tucked away for added privacy. The luxurious ensuite bath features dual sinks, a soaking tub, separate walk-in shower, and a generously sized walk-in closet. The backyard is truly built for entertaining. Enjoy year-round outdoor living from the screened porch that opens onto a custom deck with an outdoor bar, an above-ground pool, and even a half-court basketball area. A detached powered shed adds endless possibilities and could easily serve as a workshop, fitness room, studio, she shed, or man cave. Additional highlights include a whole-home Generac generator for added peace of mind, a spacious 2-car garage, and more than 2,600 square feet of comfortable living space. Offering the perfect blend of space, style, and outdoor enjoyment, this exceptional home is ready to welcome its next owners. Schedule your private showing today!
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.
