Welcome home to this classic two-story beauty that delivers space, comfort, and a few delightful surprises at every turn! From the moment you arrive, you’ll appreciate the traditional charm, classic brick front, bay windows, and the inviting presence of a home that’s been thoughtfully maintained and upgraded. Inside, the main level flows beautifully for both everyday living and entertaining. A cozy family room anchors the space with an operable wood-burning fireplace and sunny bay windows overlooking the fenced backyard—perfect for relaxing evenings or casual gatherings. At the front of the home, a bright living room with bay windows offers a welcoming space for conversation, reading, or hosting guests. The large eat-in kitchen is a true gathering spot, featuring granite countertops, a tile backsplash, newer appliances (all just 3–5 years old), and plenty of room to linger over morning coffee or weeknight dinners. Just off the kitchen, a spacious sunroom provides the perfect spot to enjoy the outdoors year-round while overlooking the fenced backyard. A dedicated formal dining space nearby offers an ideal setting for holidays, celebrations, and memorable meals. A convenient half bath and deep laundry room complete the main floor. Upstairs, retreat to a spacious primary suite featuring a walk-in closet and private ensuite bath. Three additional bedrooms offer flexibility for guests, home offices, or hobbies—one with its own walk-in closet—along with a full hall bath to keep mornings running smoothly. The finished lower level is where this home truly shines. Designed for entertaining and everyday fun, the expansive rec room offers plenty of space for movie nights, game tables, or watching the big game. A wet bar and full bathroom make hosting effortless, while a separate bonus room adds even more flexibility for a home gym, office, or guest space. Enjoy easy access to the outdoors with a level walk-out to the patio and fenced backyard, seamlessly blending indoor and outdoor living. Behind the scenes, you’ll find smart and practical upgrades that add peace of mind: a Nest smart thermostat, smoke and CO2 detectors on both the main and upper levels, Vivint exterior cameras, and stunning GOVEE permanent outdoor lighting—all included and ready to go. And here’s the cherry on top: a brand-new roof is on the way! The insurance claim is already in process, the contractor is paid, and installation will be completed by closing. With a fenced backyard, flexible living spaces, and smart-home convenience throughout, this home is ready to welcome its next chapter. Come see it in person—you might just fall in love. Seller to offer UpKeep Home Warranty to help ensure a smooth transition and continued peace of mind after closing.
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.
