Beautifully upgraded newer-construction home offering exceptional flexibility, functionality, and finished living space. This spacious 5-bedroom, 3.5-bath home also includes a dedicated office plus additional flexible finished basement space that could easily function as a 6th bedroom, guest suite, workout room, media room, or hobby space. One of the home’s standout features is its rare dual primary suite layout, with spacious primary suites on both the main floor and second level—ideal for multigenerational living, guests, teens, or flexible lifestyle needs. The professionally finished 1,100 sq ft basement (2025) features luxury vinyl plank flooring, modern painted ceilings, a large family/entertainment area, abundant storage, and a flexible bonus room with double French doors and custom closet organization system. Pet lovers will especially appreciate the custom-designed dog retreat featuring decorative gates and charming arched openings—a truly unique and perfect set-up your pups will love. The main living area showcases a stunning custom floor-to-ceiling stone gas fireplace, open-concept layout, abundant natural light, and extensive upgrades throughout. The kitchen features upgraded appliances, including a gas stove with professionally added gas line. All post construction updates include: Custom floor-to-ceiling stone gas fireplace (2024) Large Trex deck ideal for entertaining (2025) New custom front door (2026) Upgraded flooring throughout much of the home (2025–2026) Custom closet systems including primary suite organization (2026) Professionally painted interior (2026) Upgraded kitchen appliances + added gas line for range (2024–2025) Custom window treatments throughout (2024) Upgraded lighting and ceiling fans throughout (2025) Dedicated 240V outlet for EV charging in garage (2024) Ethernet wiring added in office and two bedrooms (2025) Professionally installed permanent exterior holiday lighting (2025).
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.
