Exceptional convenience meets comfortable everyday living in this distinctive Summerhill East home. Ideally located just outside the Yadkin Gate at Fort Bragg, one of only two gates with 24-hour access, this home offers exceptional convenience for active-duty military personnel, military contractors, Department of Defense civilian employees, and anyone seeking quick access to the All American Expressway, I-295, shopping, dining, schools, medical facilities, and destinations throughout Cumberland County. Whether commuting to Fort Bragg, traveling for work or education, or simply enjoying all the area has to offer, this central location means less time on the road and more time where it matters most.The exterior blends handsome stone accents with wood-textured siding, creating architectural character that feels both contemporary and reminiscent of a mountain or vacation retreat.Inside, an open floor plan is enhanced by a loft-style landing overlooking the FAMILY ROOM, creating a wonderful sense of space and connection throughout the home. The FAMILY ROOM is centered around an attractive manufactured stone fireplace surround that adds warmth, texture, and architectural character, while luxury vinyl plank flooring complements the KITCHEN, DINING AREA, and BATHS. Recently updated carpeting provides comfort in the living areas.The efficient galley-style KITCHEN offers long stretches of countertop workspace for easy meal preparation and features a smooth-top range, recently purchased stainless-faced refrigerator and dishwasher, a new disposal, and a stainless sink overlooking the spacious, level backyard—allowing you to enjoy the view while preparing meals or keeping an eye on outdoor activities.The DINING AREA overlooks the FAMILY ROOM, enhancing the home's open design and creating a natural gathering place for everyday living and entertaining. Double sliding glass doors open to a privately fenced PATIO, extending the living space outdoors for grilling, relaxing, or enjoying time with family and friends.Three full BATHS—an uncommon feature in this price range—offer flexibility for busy households, guests, or multi-generational living. The spacious main-level PRIMARY SUITE provides privacy and comfort with a beautifully tiled walk-in shower and generous vanity. A second full HALL BATH on the main level is ideal for guests and everyday family use, while the upstairs BATH includes another walk-in shower and updated marble-look countertops.The loft-style landing overlooks the FAMILY ROOM below, creating a bright, connected living environment and one of the home's most inviting perspectives.The large, level backyard invites everything from gardening and backyard games to pets, play equipment, and future outdoor living ideas. Washer and dryer hookups are conveniently located in the attached GARAGE, keeping household noise separate from the main living areas while preserving valuable interior living space and providing additional storage and workspace.Homes in Summerhill East rarely become available, and many owners choose to retain them as long-term investments because of the neighborhood's exceptional location and enduring appeal. Whether you're searching for your first Fort Bragg assignment, your forever home, or a property with outstanding long-term investment potential, you'll appreciate the combination of convenience, thoughtful design, and everyday livability this home offers.
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.
