Welcome to 100 Woven Cloud Lane — where peaceful country living meets endless possibility. Nestled on a beautiful 3.5-acre lot in the heart of Waynesville, this beautifully rehabbed home invites you to slow down, breathe deep, and just imagine the life you could build here. Picture yourself starting the morning with coffee on one of the multiple deck levels, overlooking the serene property while listening to the soothing sounds of the nearby creek. Whether you’re entertaining friends outdoors or enjoying a quiet evening inside by the fireplace, every inch of this property was designed to make you feel at home. Inside, the completely renovated kitchen is truly the centerpiece of the home, featuring brand-new cabinetry, stunning quartz countertops, and a seamless quartz backsplash that creates a sleek, modern feel. The open main living area offers vaulted ceilings, abundant natural light, and a warm, inviting atmosphere perfect for gathering with family and friends. Each of the three bathrooms has been thoughtfully and fully updated with stylish finishes and modern touches, blending comfort and sophistication throughout the home. The lower level opens the door to incredible flexibility and opportunity. Just imagine transforming this expansive space into a luxurious primary suite retreat complete with a sitting room, private office, and spa-like bath. Or, take advantage of the existing rough-in plumbing from the original lower-level kitchen and create a separate living space ideal for multigenerational living, an ADU, guest quarters, or even income-producing rental potential. Located in the scenic mountains of Waynesville, this property offers the perfect blend of privacy, natural beauty, and convenience. You’ll feel tucked away in your own peaceful retreat while still being just a short drive from charming downtown shops, local dining, hiking trails, and everything Western North Carolina has to offer. This is more than just a home — it’s a lifestyle, a retreat, and an opportunity all in one. Some of the Interiors photos are AI enhanced
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.
