This designer owned home is a true showstopper-- where elevated finishes, thoughtful upgrades, and seamless indoor outdoor living come together in one exceptional open and highly sought after floor plan. From the moment you arrive, curb appeal sets the tone with upgraded garage doors featuring a diamond patters, oversized iron lanterns, wood shutters, stone-edged landscaping, and dramatic evening landscape lighting. Inside, the home opens to a vaulted living room filled with natural light and anchored by an entertainer's dream kitchen. The heart of the home is the stunning kitchen, centered around an oversized 12-foot Calcutta quartz island with seating for six, custom wood detailing, woven designer pendants, iron cabinet pulls, undermount lighting, a walk-in pantry, and upgraded appliances--perfect for both everyday living and hosting. An iron statement light fixture defines the dining space, while surround sound throughout enhances the experience. Wall-to-wall 8-foot sliding doors extend the living space outdoors to an incredible covered patio featuring a gas fireplace, custom-built entertainment area with two stainless steel grills gas+charcoal, prep space with storage, a built-in beverage refrigerator, and a 65 inch outdoor TV with custom wood weather cover--all included. This backyard is built for year-round entertaining. The spacious open layout offers large bedrooms, upgraded tile, countertops, and framed mirrors in all bathrooms, plus upgraded lighting throughout. A game room and bonus room with double doors are thoughtfully positioned at the back of the home, creating an ideal setup for a mother-in-law suite, guest retreat, or private flex space. Additional highlights include a 3 car garage, upgraded bathroom finishes, and countless custom touches that reflect true designer ownership. This is more than a home-it's a lifestyle. A rare opportunity to own a meticulously curated property designed for comfort, entertaining, and effortless indoor outdoor living.
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.
