Imagine a private sanctuary where every detail is crafted for unparalleled comfort and versatile living. We are delighted to present an exceptional property designed to transcend the ordinary, offering a lifestyle that truly redefines "home." Step into a meticulously curated outdoor paradise, spanning approximately 0.42 acres, where privacy meets expansive entertaining. The centerpiece is undoubtedly the resort-style backyard, an entertainers' dream featuring a sparkling in-ground pool, perfect for sun-drenched afternoons or refreshing evening dips. Complementing this is a sophisticated outdoor kitchen, complete with a built-in grill and smoker, promising delightful al fresco dining experiences. Surrounded by a serene natural backdrop, this space evokes a sense of tranquility, making it ideal for grand celebrations, intimate family gatherings, or simply unwinding in your personal oasis. This unique outdoor haven offers a rare blend of luxury and functionality, seldom found within this price point. Inside, the home seamlessly blends thoughtful design with practical elegance. With a generous five bedrooms and four full bathrooms, the layout is masterfully planned to foster both connection and individual flexibility. The main level provides an inviting and comfortable environment for daily living and entertaining, featuring an intuitive flow that adapts effortlessly to your needs. A truly distinctive feature of this residence is the fully finished lower level. More than just a basement, it presents a completely self-sufficient living environment. Boasting its own modern kitchenette, a full bathroom, and a dedicated living area, this space is perfectly suited for multi-generational living, hosting extended guests with utmost privacy, or even serving as an independent apartment. This innovative design significantly broadens the home's functionality, offering adaptability rarely seen in traditional layouts. Beyond the main residence, a suite of versatile outbuildings further enhances the property's appeal. These structures offer limitless possibilities – envision a dedicated workshop, an inspiring art studio, ample storage solutions, or any creative endeavor you desire. Combined with the expansive outdoor living areas and the adaptable lower level, this home delivers an extraordinary level of versatility and customizability. Peace of mind comes standard with a wealth of recent, high-quality upgrades. The exterior has been thoughtfully enhanced with new windows, siding, and gutters, all backed by a transferable lifetime warranty. The HVAC system was installed in November 2024, ensuring year-round comfort. The roof, featuring durable GAF architectural shingles, was replaced in 2019 and carries a 50-year lifespan. Enjoy pristine pool days thanks to a new liner installed in Summer 2024, complete with a 20-year manufacturing warranty. The deck was entirely replaced in 2025, promising countless nights of enjoyment. Inside, the home boasts new flooring throughout, two out of four bathrooms have been completely remodeled, and all bathrooms feature new toilets and stylish light fixtures. Conveniently situated on approximately 0.42 acres, this property offers a harmonious balance of spacious privacy without sacrificing easy access to everyday amenities. It’s an opportunity to own a meticulously updated and uniquely versatile home designed for a sophisticated and comfortable lifestyle.
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.
