NOTICE: Property is equipped with audio and/or video recording devices. Cameras are present in the home. | This property offers the largest yard in the community!!! This is where comfort meets sophistication in a home that feels brand new because it practically is. Welcome to 868 Timberland Drive, a five bedroom, two and a half bath residence offering over 2,500 square feet of beautifully designed living space. Built in 2023 and packed with upscale features, this home blends modern living with timeless style and effortless function. Step inside and feel the openness from the moment you enter. The main level showcases a spacious great room, perfect for both entertaining and relaxing. Just beyond, the dining area is thoughtfully positioned for family meals or friendly gatherings, while the kitchen steals the show. Designed to be the heart of the home, it features a large island, sleek solid surface counters, and a full suite of premium appliances including a dishwasher, refrigerator, microwave, range, and freezer. Ceramic tile flooring and an open concept design make this kitchen both beautiful and functional. Every detail has been chosen to enhance comfort and convenience. Thermal windows bring in natural light while keeping temperatures comfortable. An energy efficient thermostat and a built in pest guard system add peace of mind. A separate laundry room and partial furnishings complete the experience of effortless everyday living. Upstairs, the private spaces begin. The primary suite offers a quiet retreat with a generous layout and a walk-in closet that feels like a personal boutique. Four additional bedrooms provide comfortable spaces for family, guests, or work-from-home flexibility. A second floor loft adds even more versatility, ideal for a media room, playroom, or creative studio. Outside, the charm continues. The exterior features cement siding and block construction, with a private driveway and a two-car garage offering space for storage and convenience. Vinyl fencing adds privacy while a back patio and front porch offer inviting outdoor spaces for coffee in the morning or winding down in the evening with a view of the nearby lake. Living at Timberland Drive means enjoying more than just a beautiful home. It includes access to outstanding community amenities such as a clubhouse, fitness center, playground, tennis courts, and a sparkling pool. Wide sidewalks throughout the neighborhood invite evening strolls or morning runs. With internet included and security features already in place, everything has been considered for ease and peace of mind. Modern systems like central air and electric heat, public water and sewer, and underground utilities are all connected and ready to serve. Blinds on the windows and durable ceramic tile in the main living areas create a polished, move-in-ready feel from the start. 868 Timberland Drive is not just a property. It is a lifestyle of comfort, function, and quiet luxury. Every room has been crafted to offer beauty and purpose. This home does not just meet expectations. It surpasses them.
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.
