Welcome home to this spacious two-story residence situated on a desirable corner lot in Harnett County. Designed with both comfort and functionality in mind, this home offers a thoughtfully designed floor plan featuring a main-level owner's suite complete with a walk-in closet and a relaxing jetted tub, creating the perfect private retreat at the end of the day.The main level boasts a spacious owner's suite complete with a walk-in closet and a relaxing jetted tub, creating a private retreat away from the secondary bedrooms. The eat-in kitchen features a bright breakfast nook and is conveniently located near the main-floor laundry room and garage entrance, making everyday living a breeze. The formal dining area flows into the inviting living room, where a fireplace serves as the focal point of the space and creates a warm, welcoming atmosphere for gathering with family and friends.Upstairs, there are three additional bedrooms, a large bonus room, and a finished storage room, offering endless possibilities for a home office, playroom, media room, fitness area, or guest accommodations.Step outside and enjoy the covered deck overlooking the backyard, perfect for relaxing, entertaining, or enjoying your morning coffee. A storage shed provides additional space for tools, lawn equipment, and seasonal items. The side-entry garage enhances the home's curb appeal while maximizing the functionality of the corner lot.Conveniently located near Anderson Creek Golf Club, local parks, schools, shopping, restaurants, and family-friendly activities, this home also offers an easy commute to Fort Bragg. With generous living spaces, flexible bonus areas, and a location that combines convenience with a neighborhood feel, this home is ready to welcome its next owners.The property is equipped with an irrigation system; however, the sellers have not used the system during their ownership and make no representation as to its current condition or functionality.
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.
