Home is available for IMMEDIATE OCCUPANCY. Why wait for new construction when you can move into this 4 year old beauty located in the highly desired Spring Ford School District. Welcome to the Chase Grande Model, a residence designed for those who need more room to breathe. This specific layout is significantly larger than the standard Chase model, providing additional square footage across the lower level, the main living area, and the primary suite. With 3 bedrooms, 2 full baths, and two half baths, this home ensures convenience and comfort on every floor As you step through the front door, you are greeted by a welcoming foyer with a spacious coat closet for all your storage needs. The hallway draws you back to a large, finished walk-out level that offers endless possibilities. Whether you envision a professional home office, a cozy media room for movie nights, or even a potential fourth bedroom, this versatile space fits the bill. For added ease while entertaining or working, this level includes its own half bath and provides direct access to the 1-car garage. The heart of the home is found on the second level, where an open-concept floor plan is bathed in natural light. The gorgeous kitchen serves as the ultimate focal point, boasting a large pantry, stainless steel appliances, and a stunning island topped with quartz counters. Whether you are relaxing in the family room under the breeze of the ceiling fan or hosting a formal dinner in the dining room with its custom light fixture, the flow is effortless. When it’s time for a BBQ, head through the sliders to the composite deck. A second half bath on this level ensures that neither you nor your guests ever have to navigate stairs during a gathering. Retreat to the third floor to find your private oasis. The expanded primary bedroom offers enough square footage for a dedicated reading nook, exercise equipment, or a third workspace. This suite is perfected by an en-suite bathroom with a double vanity and a massive walk-in closet. Down the hall, you’ll find two additional bedrooms—both large enough to comfortably fit queen-sized beds—and a second full bathroom that serves both bedrooms. With the laundry conveniently located on this level, chores are a breeze. Perfectly situated for modern living, this home puts you in the center of it all. You are just a short drive from Rt 422, the shopping and dining at Providence Town Center, the Philadelphia Premium Outlets, and the vibrant energy of King of Prussia and Phoenixville. This is more than just a house; it is a "Grande" lifestyle waiting for you
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.
