Welcome to 11 Westover Ct in the sought-after gated community of Carolina Lakes! Situated on a spacious .41 acre fully fenced corner lot, this beautiful home is surrounded by mature pine trees that create a peaceful and private setting. Inside, you’ll find 3 bedrooms, 2 full bathrooms, and 1 half bath along with a versatile layout designed for both everyday living and entertaining. Upon entry, a dedicated office or flex space with elegant French doors provides the perfect place to work from home or create a quiet retreat. A formal dining room offers a welcoming space for gatherings and special occasions. The home is filled with abundant natural light, highlighting the newer paint and plush carpet that give the interior a fresh, modern feel. The beautifully updated primary bathroom is a standout feature, while additional updates to the hallway bathroom and downstairs half bath add style and convenience throughout the home. Upstairs you'll also find enjoy an oversized bonus room with a separate flex space behind French doors offering endless possibilities for a media room, playroom, home gym, 4th bedroom or guest retreat. Storage will never be an issue with two generously sized attic storage areas accessible from the bonus room. Recent improvements include a new roof installed in 2024, providing peace of mind for years to come. Outside, the property also features a side driveway apron offering additional parking, perfect for guests or extra vehicles. Living in Carolina Lakes means enjoying an incredible list of amenities including 24-hour gated security, a beach and marina with two large pavilions, playgrounds, a 1-mile fitness trail, an Olympic-sized community pool, tennis and pickleball courts, basketball courts, and a 9-hole disc golf course. Residents can enjoy boating on two of the community’s seven lakes (motorized boats allowed with length restrictions), kayaking/paddling boarding, golf cart friendly streets, farmers markets, and a vibrant calendar of community events throughout the year. This home offers the perfect combination of space, updates, and resort-style community living...schedule your showing today!
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.
