Welcome to 1063 4th Ave NW — a spacious and versatile home nestled in the heart of NW Hickory, just minutes from downtown, shopping, dining, schools, and convenient commuter routes. This is the kind of home that offers not only room to live, but room to grow, gather, and create the lifestyle you’ve been wanting. From the moment you step inside, you’ll notice the fresh, airy feel that fills the main level. Natural light flows through the living spaces, complementing the warmth of the hardwood floors that run throughout the main level. The home strikes that rare balance of open and cozy — spacious enough for entertaining, yet comfortable enough for quiet evenings at home. One of the standout features is the flexibility of the layout. With two generous living rooms, you have options. Imagine one as a welcoming sitting room for guests and the other as a relaxed family retreat. Both living areas feature beautiful hearths with gas logs, creating inviting focal points and warm gathering spaces during cooler months. These fireplaces don’t just heat the room — they anchor it with character and charm. The generous square footage allows for multiple living arrangements to suit your needs — whether you’re working from home, hosting extended family, creating a hobby space, or simply enjoying the luxury of extra room. The flow of the home makes everyday living easy while still offering distinct spaces for privacy and function. Step outside and you’ll discover even more to love. The fully fenced backyard provides privacy and space for pets, play, or outdoor entertaining. A walk-out patio from the basement creates a seamless extension of living space — ideal for gatherings, grilling, or quiet mornings with coffee. Upstairs, the comfortable back deck offers another inviting spot to unwind, enjoy fresh air, or host friends on a mild Carolina evening. Together, these outdoor areas give you multiple ways to enjoy time outside, whether you’re entertaining a crowd or savoring a peaceful moment. Situated in an established NW Hickory neighborhood known for its convenience and accessibility, you’re just minutes from the energy and charm of downtown Hickory, local restaurants, shopping, parks, and everyday essentials — all while enjoying the comfort of a residential setting. If you’ve been searching for a home that offers size without sacrificing warmth, flexibility without feeling fragmented, and a location that keeps you connected to everything Hickory has to offer, this property deserves your attention. Homes with this much adaptable living space, character, outdoor functionality, and proximity don’t come along often. Schedule your showing today and experience the comfort and possibilities for yourself.
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.
