Welcome to 1232 Jereens Creek Road, where timeless design, and everyday comfort come together in perfect harmony. Situated in a highly desirable Fayetteville neighborhood, this beautiful four-bedroom, two-and-a-half-bathroom home features the popular Yates Plan, offering a well-balanced layout that seamlessly blends open-concept living with thoughtful, private spaces. Whether you are entertaining guests, spending quality time with family, or simply relaxing, this residence adapts to your lifestyle with ease.Prime Location & Convenience: Location is everything, and this property delivers. Situated just minutes from Fort Bragg, downtown Fayetteville, and an array of local shops, restaurants, and parks, you will enjoy a peaceful residential setting without sacrificing quick access to all the essentials.Thoughtful Interior Features:Inviting Main Level: As you enter, you are greeted by a light-filled foyer that sets a welcoming tone. Every room feels clean, bright, and modern.Cozy Gathering Space: The spacious living room is anchored by a warm fireplace, offering the perfect backdrop for quiet evenings or lively get-togethers.Chef-Ready Kitchen: The open kitchen is designed for both function and style, featuring stainless steel appliances, ample counter space, and a generous center island with seating. The adjacent dining area is surrounded by windows, filling the space with natural light.A Private Upstairs Retreat:Upstairs, all four bedrooms provide impressive space and versatility. The luxurious primary suite serves as a true retreat, complete with a walk-in closet and a spa-like en-suite bath featuring a double vanity and a tub/shower combo. Three additional bedrooms offer plenty of comfort for family or guests, and can easily pivot into a home office, hobby room, or workout space.The home is rounded out by a convenient main-level half bath, a full guest bathroom upstairs, and a first-floor laundry room to make chores a breeze.Outdoor Living:Outside, you will find a private backyard with a patio that is perfect for weekend barbecues, outdoor dining, or simply enjoying a quiet morning coffee in your own peaceful outdoor retreat.
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.
