Real estate company Roam is offering assumable mortgages, allowing buyers to purchase a home with a mortgage rate as low as 2%, reducing monthly payments by more than half compared to today’s rates.

This solution helps sellers find more buyers for their homes, as they are the only one in the neighborhood with a mortgage included.

However, not all home loans are assumable, and sellers with FHA, VA, and USDA-backed loans need lender clearance.

The biggest challenge is communication, as most buyers don’t see this as an opportunity and don’t advertise the affordability benefit on many real estate platforms.