Roam is positioned to transform the U.S. housing market by enabling homebuyers to access interest rates below 5%, which is intended to reduce monthly payments and increase purchasing power by up to $150,000. In the past year, the company has experienced a remarkable 500% growth, attracting 200,000 potential buyers. By facilitating assumable mortgages—current loans that buyers can take over—especially FHA and VA loans, Roam aims to address the ongoing housing affordability crisis. The company also promises quicker closing times, enhancing the overall home buying experience as affordability remains a pressing issue.
Roam aims to revolutionize housing affordability by offering homebuyers interest rates below 5%, significantly enhancing purchasing power and reducing monthly payments.
In just 12 months, Roam's growth reached 500% with 200,000 buyers seeking affordable housing solutions, showing a pressing demand in the market.
Assumable mortgages, as highlighted by Rabois, are pivotal in addressing the housing affordability crisis, allowing buyers to take over existing loans.
Roam cuts typical closing times from 150 days to just 45, facilitating a smoother transition for buyers and sellers amid affordability challenges.
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