106 McCullough Road offers the space, flexibility, and privacy that are increasingly hard to find. Located in Piedmont, this beautifully refreshed split-level home sits on 1.35 private acres surrounded by mature woods while remaining just minutes from Lakeside Park and convenient I-85 access. Built in 1977, the home offers approximately 2,715 square feet of thoughtfully designed living space with 4 bedrooms, 2.5 bathrooms, multiple living areas, and a detached three-bay garage. For eligible buyers, the opportunity to assume the seller's VA loan at a 3.25% interest rate provides an exceptional financing advantage. Inside, you'll find refinished original hardwood flooring throughout much of the home, newly installed carpet, updated fixtures, and fresh interior paint. The split-level floor plan provides designated spaces for both everyday living and entertaining, including two separate living areas, a formal dining room, and a breakfast nook. The main living area is anchored by a beautiful wood-burning fireplace with a stunning brick chimney, creating a warm and inviting focal point. The kitchen has been refreshed with granite countertops, fresh paint, and bright white appliances that complement the natural light and create an airy feel. The home's thoughtful layout allows each room to serve a purpose while maintaining a comfortable flow throughout. The primary suite features a private en-suite bathroom, while three additional bedrooms provide ample space for family, guests, or a home office. Downstairs, you'll find a versatile flex room that could easily serve as a fifth bedroom, recreation room, home gym, office, or guest space. Outdoor living is equally impressive. The oversized patio can be accessed from multiple areas of the home, including the kitchen, lower-level foyer, and flex room, creating an ideal setup for entertaining and enjoying the peaceful surroundings. The expansive lot offers privacy, wooded views, and room to enjoy nature right from your backyard. The detached three-bay garage provides exceptional storage, workshop space, or room for hobbies and projects, while the large paved driveway offers ample parking for guests and recreational vehicles. Additional updates include a roof replaced in 2019, HVAC system replaced in 2026, updated flooring and fixtures throughout, and refreshed kitchen finishes. Combining updated interiors, flexible living space, acreage, and a convenient location, 106 McCullough Road offers endless possibilities for its next owner. Home is being sold as-is.
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.
