Welcome home to 97 Three Bridge where space, serenity, and country charm are calling your name! This outstanding and well laid out bi-level offers value and coziness at every turn. As you enter the Foyer and ascend upstairs, the HUGE Living Room is situated off the Dining Room which is open concept to the Kitchen. The kitchen cabinetry showcases a warm neutral taupe color with new hardware as well as a stainless steel appliance package. The entire kitchen overlooks through the double sets of French doors out to the beautiful Sunroom drenched in natural light; the whole space feels so welcoming and bright. Just down the hall you'll discover the Primary Bedroom w/ensuite Bathroom and walk-in closet as well as French doors leading out to the back deck, so convenient and a true owners suite! Two additional great sized Bedrooms as well as a shared Bathroom that recently underwent a complete remodel finishes this level off beautifully. Descend downstairs where you'll adore the oversized Living Room/Recreation Room with a side sitting room w/built-in shelving. This room can achieve so many uses; whatever your needs may be! The wood burning stove is a warm addition on those chilly winter nights! Additionally, the lower level is host to the 4th Bedroom (with another bonus room attached that's currently used as a 5th Bedroom!), as well as a LARGE unfinished storage room and the Laundry space! The backyard is truly a space to love with a large deck off the Sunroom that overlooks the HUGE yard space with so many possibilities. The sod farm at the rear of the property beyond the tree line will never be built on, so this will always be a cherished open and private backyard space! The electricity connection remains should the new owner wish to add back an above ground pool...the owners used to have one but removed it due to age. Icing on the cake; The efficient Solar Panels shall be transferred to the new owners AND Sellers are providing a 1-year homebuyers warranty covering major systems in the home to the Buyer at settlement! Don't miss out on this gem in beautiful and tranquil Shamong! NOTABLE UPDATES: New Carpet Upper Level (2026), New door hardware & paint (2025-2026), Upgraded Hall Bathroom (2025), New Roof w/efficient Solar Panels (2021/monthly payment of $133.97), New Septic (2020), New Hot Water Heater (2019).
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.
