12404 Huntley Chase Dr, Durham, NC 27703
3 beds · 3 baths · 2,504 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 12404 Huntley Chase Drive, Durham, NC 27703 Enjoy peaceful living in this stunning 3-bedroom, 3-bathroom single-family home, offering 2,465 sq ft of thoughtfully designed space. Built in 2021, this residence combines modern elegance with functional living, in a serene neighborhood that provides both tranquility and convenience. ✨ Home Features Spacious Layout: Enjoy an expansive open-concept living area that seamlessly connects the kitchen, dining, and living spaces—perfect for entertaining and daily living. Gourmet Kitchen: Equipped with stainless steel appliances, granite countertops, a large island, and ample cabinetry, this kitchen is a chef's dream. Lovely Primary Suite: Retreat to a first floor primary bedroom featuring a walk-in closet and an en-suite bathroom with dual vanities and a walk-in shower. Additional Bedrooms: Two well-appointed bedrooms provide comfort and flexibility for family, guests, or a home office. Bonus Room: Expansive bonus area is perfect for large screen tv and entertaining. Outdoor Living: Enjoy a screened porch facing a private, wooded backyard, in addition to a patio, ideal for relaxing or hosting gatherings. Energy Efficiency: Modern construction ensures energy-efficient living, reducing utility costs and environmental impact. Prime Location & Accessibility Situated in a highly sought-after area of Durham, this home offers unparalleled access to major highways and key destinations: I-540: Just minutes away, providing quick commutes to various parts of the Triangle. Raleigh-Durham International Airport (RDU): Approximately 10 miles away, making travel convenient for both business and leisure. Research Triangle Park (RTP): One of the largest research parks in the world, located nearby, offering numerous employment opportunities. Nearby Shopping & Services Enjoy a variety of shopping and service options within close proximity: Brier Creek Commons: A major shopping center featuring a wide array of retail stores, restaurants, and entertainment venues. The Streets at Southpoint: A premier shopping mall offering high-end retailers, dining, and a movie theater. Local Grocers: Multiple grocery stores and specialty markets are just a short drive away, ensuring all your daily needs are met. Dining & Entertainment Experience the vibrant culinary scene of Durham with a multitude of dining options: Fairview Dining Room: An upscale restaurant known for its exceptional American cuisine and elegant ambiance. Nanas: A local favorite offering a contemporary take on Southern classics. Juju Durham: A trendy spot serving innovative Asian fusion dishes in a lively setting. Cucciolo Osteria: A cozy Italian eatery renowned for its handcrafted pasta and intimate atmosphere. Seraphine: Delight in Creole and Cajun flavors at this vibrant restaurant, perfect for a night out. Parks & Recreation Embrace the outdoors with several parks and recreational areas nearby: William B. Umstead State Park: Offering extensive trails, picnic areas, and serene natural beauty for hiking, biking, and relaxation. Lake Crabtree County Park: A great spot for boating, fishing, and enjoying scenic views. Durham Greenways: Explore miles of interconnected trails perfect for walking, running, or cycling.
Source: TRIANGLEMLS #10093653
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: TRIANGLEMLS #10093653
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.