**MLS Public Remarks **BEST AND FINAL THURSDAY 06/25 6:00PM Welcome to 9 Foxcroft Court, an expanded Tesoro model nestled on a quiet cul-de-sac in the highly sought-after Alluvium neighborhood of Voorhees. This spacious 4-bedroom, 2.5-bath home offers an exceptional blend of elegance, comfort, and entertaining space both inside and out. A charming front courtyard leads to double entry doors and a dramatic two-story foyer with ceramic tile flooring and a sweeping staircase opening to a balcony overlooking the main level. Hardwood flooring flows throughout the living room, dining room, office, family room, and entire second floor, creating warmth and continuity throughout the home. The well-appointed kitchen features wood cabinetry, granite countertops, newer appliances, ceramic tile flooring, a built-in china cabinet, center island, breakfast wet bar, and generous countertop seating, making it the perfect gathering place for family and guests. The adjoining atrium breakfast area overlooks the backyard and pool, filling the space with natural light. The expansive primary suite offers two walk-in closets, a sitting and dressing area, and a luxurious bath with marble flooring, a Roman Jacuzzi tub, designer double vanity, and separate shower. The updated hall bath adds modern appeal to the second level. A bright Florida/sunroom, accessible from both the kitchen and office, provides additional living space and overlooks the private backyard. The finished basement offers a large entertainment area, plenty of room for a home gym, and a finished storage room. Outside, enjoy your own private resort featuring a fenced yard, enclosed patio, Sylvan in-ground pool. Decorative lighting surrounding the pool area creates a stunning atmosphere for evening entertaining. Additional highlights include newer HVAC with UV lighting, humidifier and dehumidifier systems, abundant closet space, and ample storage throughout. Pool and pool house are being conveyed in as-is condition. Don't miss this opportunity to own a beautifully maintained home in one of Voorhees' premier communities.
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.
