Welcome to 983 Brockie Lane - nestled within an established neighborhood in York Suburban School District, this charming home offers nearly 3,000 square feet of finished living space, blending timeless character with comfortable everyday living. Set on a beautifully landscaped lot with mature trees and inviting outdoor spaces, the home welcomes you with classic curb appeal and a warm, welcoming atmosphere from the moment you arrive. Character and craftsmanship are evident throughout the home, with hardwood flooring, crown molding, custom built-ins, and well-preserved architectural details that reflect the property's enduring appeal. The spacious living room serves as the heart of the home, featuring a handsome wood-burning fireplace with brick surround and mantel, while the formal dining room provides an ideal setting for gatherings and special occasions. The eat-in kitchen offers abundant cabinetry, built-in features, brand new solid-surface countertops, and a breakfast bar, creating a functional space for both everyday meals and entertaining. A library with custom built-in bookshelves provides a perfect retreat for reading, working from home, or pursuing hobbies. The flexible floor plan includes three bedrooms and two full baths, with one bedroom conveniently located on the main level and two additional bedrooms upstairs. The upper level is highlighted by vaulted ceilings, charming built-ins, sitting areas, walk-in closet space, and a versatile bonus room that can easily adapt to a variety of lifestyle needs. The partially finished walkout lower level expands the home's living space with a recreation area, tiki bar, workshop, laundry/utility room, and extensive storage options. Whether hosting guests, creating a home gym, workshop, or hobby space, this level offers exceptional versatility. Outdoor living is equally inviting, with a covered porch, patio, mature landscaping, extensive hardscaping, and a fenced rear yard that provides privacy and space to relax, garden, or entertain. An attached garage with extra storage potential and inside access adds everyday convenience. Ideally located close to York Country Club, shopping, dining, parks, and major commuter routes, this distinctive property offers the perfect combination of character, comfort, and location.
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.
