This wonderfully clean rambler offers an unbeatable combination of modern reliability and premier location, currently standing as the best-priced single family home within a mile radius. Surrounded by newer luxury real estate and situated in one of the most desirable pockets of Pleasant Grove, the property has been well maintained with significant high-ticket upgrades for total peace of mind. New garage door with new railings and spring was replaced in 2025. The home plumbing was completely repiped in February 2023, followed by the installation of a brand-new water heater in March 2023 and a full restoration of the laundry room that same year. With the roof replaced in 2013, the major infrastructure is solid, with a few cosmetic upgrades, flooring and kitchen, awaiting your preference. Spacious backyard offers a fruitful cherry tree and apricot tree. Some of the city's finest parks just moments away. You are less than two minutes from the massive Cook Family Park, which features a premier splash pad, skate park, and bike pump track, as well as the peaceful Mahogany Park for quiet afternoons on the walking trails. The iconic Discovery Park, famous for its massive all-abilities playground and science themes, is also just a short drive from your front door. Whether you are looking for a savvy investment surrounded by high-end builds or a turnkey starter home near top-tier amenities, this property represents the best value on the market today. Will not last. Must see. Make it yours today!
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.
