Discover an exceptional opportunity in the Silverado Ranch area of Las Vegas, where this rare single-story, four-bedroom residence awaits, complete with a three-car garage. This home possesses a robust foundation, poised for a personalized transformation to become a true showpiece. Multiple inviting entertaining spaces define the interior, including a formal living room and dining area with vaulted ceilings, elegantly separated by a cozy gas fireplace. An open-concept design seamlessly connects the family room with the kitchen, fostering a fluid living experience. Additional seating is provided by a convenient breakfast nook and a central island, perfect for gatherings. The kitchen features durable granite countertops, sturdy cabinetry, and vaulted ceilings. Proceed down the hallway to find four spacious bedrooms, each equipped with a ceiling fan, closet, and window. The primary master bedroom boasts vaulted ceilings and a ceiling fan, offering serene views of the backyard. The primary bathroom provides dual sinks and a generously sized, remodeled walk-in shower with integrated cubby hair care storage. Significant upgrades enhance this property's appeal, including newly installed garage doors in January 2026, complete with new springs for the spacious three-car garage, ideal for vehicles, hobbies, and storage. Enjoy the benefits of fresh, softened water thanks to the upgraded Kinetico water filtration system with reverse osmosis, installed in April 2026. Further enhancing comfort and efficiency are the newer dual-pane windows, installed in 2022. Solar panels, installed in 2018 under a Power Purchase Agreement (PPA), contribute to lower and more efficient energy bills. This residence is ideally situated near extensive shopping options, Harry Reid International Airport, and offers convenient freeway access for seamless travel throughout the city. This home presents an outstanding opportunity to establish roots in a vibrant community.
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.
