Find, secure, and close your next home with Roam. Secure a low-rate mortgage, close stress-free, pay way less. Buyers can assume the sellers' remaining balance and mortgage rate to save thousands on monthly payments. Sellers can attract more qualified buyers. Roam transactions typically close in the same amount of time as a standard home sale.
Buyers assume the mortgage terms, and sellers are released from all liability at closing. Anyone is eligible to assume a VA loan or any other type of government-backed mortgage. Assumable loans are authorized by the HUD, and the loan is in the buyer's name at closing. This means you have more options for the type of home you can eventually purchase and you can finally get your dream home.
But with lower rates from assumable mortgages, homeownership can become a reality thanks to lower payments and closing costs. Roam only lists homes with assumable mortgages below 5.
To strengthen your offer and give sellers added peace of mind, if we do not close within 45 days we will pay the seller's mortgage until we do. Buying a home can be a demanding process, but with Roam you can rest easy. We manage the entire assumption process to coordinate the details on behalf of you, the seller, and your agent. Need help covering your down payment on a home with an assumable mortgage? Do you want to make a larger down payment? Increase your listing views and offers, connect more easily with qualified buyers, and close faster when you work with Roam.
We help you make a home more marketable for your seller, but you can also help buyers who are struggling with affordability find their new home. And the best thing?
