114 Vineyard Dr, Camden, NC 27921
3 beds · 2 baths · 2,084 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in a serene waterfront neighborhood, this Cape Cod home exudes charm and elegance, offering the perfect blend of comfort and tranquility. Set on a generous lot with a sprawling front yard, the house is framed by lush greenery, and a privacy fence runs along the perimeter of the backyard, providing a sense of seclusion. The home boasts an inviting double car attached garage, while a detached single garage with a workshop and ample storage space adds to the appeal for any hobbyist or DIY enthusiast. A screened porch at the back provides a peaceful retreat, perfect for sipping morning coffee or enjoying evening breezes as the sun sets. Inside, the open floor plan effortlessly connects the living, dining, and kitchen areas, making it ideal for both intimate family time and entertaining guests. The cathedral ceilings soar above, bathing the space in natural light, and the heart of the home—a cozy fireplace in the living room—adds a touch of warmth. On one side of the house lies the owner's suite, a private oasis complete with a luxurious en-suite bathroom. The split layout ensures privacy, and the spacious room over the garage offers endless possibilities: a game room, den, or a dedicated hobby space—whatever suits your lifestyle. A dedicated office space ensures you have a peaceful corner to work from home or engage in creative endeavors. With thoughtful design and ample space, this Cape Cod home is not just a place to live, but a place to thrive, in a neighborhood where beauty, peace, and convenience are woven into every corner. Voluntary HOA includes Beach, picnic area,& boat ramp. Renter's lease is up July 31, 2025. New owner can close and collect rent til then or close to occupy Aug 1, 2025. Renter removing all personal items.
Source: NORTHCAROLINAREGIONAL #100501813
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100501813
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.