Welcome to 1002 4th Street NE, a beautifully maintained 4 bedroom, 3.5 bath home in the highly regarded Brentwood community of Conover. This residence offers an exceptional blend of classic architectural charm, modern comfort, and an entertainer’s dream backyard, all within minutes of grocery stores, shopping, dining, and effortless access to Interstate 40. Hickory is only a short drive away, giving this location the perfect balance of convenience and quiet suburban living. Set on a picturesque, private, and gently sloped lot, the home welcomes you with an inviting front porch and lush landscaping. Step inside to discover a warm and thoughtfully designed layout featuring a spacious living room with a wood-burning fireplace, custom built-ins, and abundant natural light. The main-level primary suite offers a peaceful retreat with a walk-in closet and a beautifully updated bath with a garden tub and walk-in shower. The kitchen is equipped with stainless steel appliances, a breakfast bar, electric range, microwave, and direct access to the bright and airy sunroom. This stunning sunroom, complete with a wine refrigerator, overlooks the backyard and provides the perfect setting for morning coffee or relaxing evenings at home. Upstairs, you will find two generously sized bedrooms and a full bath. The finished basement expands the home’s versatility even further, offering another bedroom, full bath, den with fireplace, and a walk-out entry ideal for multigenerational living, guests, or a private workspace. A basement garage and ample storage complete the lower level. The backyard is where this home truly stands out. Designed for outdoor living and entertaining, it features a built-in outdoor kitchen with a gas grill, in-ground irrigation, fire pit, and beautifully maintained green space. Whether hosting gatherings or enjoying quiet days at home, this outdoor oasis delivers a rare level of comfort and functionality. Additional highlights include brick and vinyl exterior finishes, architectural shingle roof, prefinished wood and tile flooring, paved driveway, two-car attached garage, and city water and sewer. Located minutes from downtown Conover, Rock Barn Golf and Spa, and major commuter routes including Hwy 16 and I-40, this home offers exceptional lifestyle access in one of the area’s most desirable neighborhoods. A meticulously cared-for, move-in-ready property with extensive indoor and outdoor living spaces, 1002 4th Street NE is a standout opportunity you will not want to miss.
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.
