Tucked away on over 3 acres of peaceful land, this stunning home offers the kind of space, privacy, and comfort that’s hard to find. From the moment you arrive, you’ll notice the quiet setting and expansive lot, perfect for those who want room to breathe without giving up convenience. Inside, the home opens up with an inviting layout that feels both spacious and welcoming. The living area flows effortlessly into a beautifully designed kitchen featuring granite countertops, an island, and plenty of room to gather, making it ideal for hosting or everyday living. The primary suite is a true retreat, offering a relaxing escape with a spa-like bathroom and generous closet space, while multiple bedrooms and flexible bonus areas provide room for everyone.The third floor adds even more versatility, featuring a spacious bonus room perfect for a media room, playroom, or guest suite, along with an additional flex room ideal for a home office, gym, or creative space. A full bathroom on this level creates a private and functional area for guests or extended living. Step outside and you’ll really see what sets this property apart. Enjoy quiet mornings or evening wind-downs on the screened porch, overlooking your private backyard with endless possibilities for gardening, entertaining, or even adding a pool. A 3-car garage, ample storage, and a location close to Fayetteville, Fort Bragg, and major highways make this home as practical as it is beautiful, truly offering the perfect blend of space, flexibility, and convenience.
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.
