**HIGHEST AND BEST DUE 4/8/2026 @ 5PM** Welcome home to this beautifully maintained 3-bedroom, 2.5-bath residence ideally located in the heart of Van Buren Township, in the highly desired Walden Woods Subdivision. This inviting home features a newly updated kitchen and spacious back yard and deck, perfect for entertaining, relaxing, or enjoying peaceful outdoor moments, a spacious open-concept layout perfect for modern living. The main level features a seamless flow between the living, dining and kitchen areas plus a full-sized bonus room perfect for an office/family room, ideal for entertaining and everyday comfort. Upstairs, you'll find a large Master Suite with a spa deep tub, standalone shower and massive walk-in closet and a unique loft/balcony space overlooking the front entryway and chandelier adding both character and versatility- perfect for a reading nook, or additional lounge area. The subdivision is equipped with an Olympic style gated community pool and playground. Conveniently positioned just a straight shot to downtown Belleville, you’ll enjoy quick access to dining, shopping, and Belleville Lake, offering boating, kayaking, and other water sports. Commuters will appreciate the easy access to I-94 and being only 10 minutes from Detroit Metro Airport. This home combines comfort, convenience, and location—making it an excellent opportunity for buyers seeking both lifestyle and accessibility. Shopping and Amenities within a 2 Mile or less radius: Meijer Walmart Menards Home Depot Lake Belleville Wayne County Community College South Canton Scholars Academy (A rated, K-8) Open Arms Childcare (A, rated) A true must-see—this home will not last long! Priced at $389999-well below its estimated value of $415-460000- this home presents an exceptional opportunity and is priced to move quickly. Showings begin April 4, 2026 with an open house scheduled from 12:00 PM to 3PM the same day. Don't miss your chance to tour this incredible value. BATVAIM
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.
