Coming soon in Autumn Ridge! This charming 3bedroom, 3 full bath home with a spacious bonus room has been updated from top to bottom and reflects pride of ownership and timeless craftsmanship. An open and inviting foyer welcomes you with cathedral ceilings, crown molding, chair railing, and elegant arched doorways. The expansive living room flows seamlessly into the open-concept kitchen and dining area, perfect for everyday living and entertaining. Engineered hardwood flooring spans the main level, while the living area features a striking shiplap fireplace with gas logs, hand-hewn beam mantle, tile hearth, and custom built-in bookcases. All three bedrooms are on the main level, including a luxurious primary suite with an updated spa-inspired bath (2025) featuring double vanity, quartz countertops, tile shower, tile flooring, soaking tub, and his-and-her walk-in closets. The upstairs bonus room with full bath offers a private guest suite, in-law quarters, home office, or playroom. Notable upgrades include a brand-new roof (2025) with transferable warranty, newer HVAC units (2020/2025), water heater (2018), and new vapor barrier and insulation (2023). Set on a .64-acre lot, the property offers impressive curb appeal with cedar front porch posts, exterior lighting, and maintenance-free lava rock flower beds. The backyard is a true sanctuary with a two-level deck featuring covered seating under a pergola, open entertaining space, a custom firepit with 6x6 arched bench seating and chair hammocks, and a shed with rough-in electric. The property extends into wooded privacy, often visited by deer and wildlife. Located in a highly sought-after neighborhood just off Wayne Memorial Drive, this exceptional home provides convenient access to Goldsboro's amenities, SJAFB, and Wayne UNC Hospital—while offering a serene retreat from the city's hustle and bustle.
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.
