Roam Offers Access to Mortgages as Low as 2%
Roam enables buyers to secure mortgage loans starting at 2%, leading to a monthly payment that is less than half of what a traditional mortgage demands today.
Stay updated with breaking news from Tim Mayopoulos. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Roam enables buyers to secure mortgage loans starting at 2%, leading to a monthly payment that is less than half of what a traditional mortgage demands today.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Loan assumptions, which let a home buyer essentially take over a seller’s mortgage, are hard to find and hard to pull off.
In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing.
New York-based mortgage platform Roam has secured a $1.25 million seed round, allowing the company to officially launch its services on Wednesday.