Welcome to 190 Asheford Way, a beautifully maintained 3-bedroom, 2.5-bath home located in the quiet and family-friendly Asheford neighborhood of Cameron, NC. Offering a spacious and functional floor plan, this home is designed to accommodate both everyday living and entertaining. As you enter the home, you're greeted by a formal dining room, perfect for hosting family dinners and holiday gatherings. Continuing through the home, you'll find a spacious living room centered around a cozy gas fireplace, creating the perfect place to relax and unwind. The open flow leads into the well-appointed kitchen featuring granite countertops, ample cabinet space, and convenient access to the main living areas. Upstairs, the oversized primary suite serves as a private retreat with a large walk-in closet, dual vanities, and plenty of room for a sitting area. Two additional bedrooms provide comfortable accommodations for family or guests. A huge bonus room offers incredible flexibility and includes a dedicated office space, making it ideal for working from home, a media room, playroom, or fitness area. This home has been thoughtfully updated with newer interior paint, brand-new carpeting, and a recently replaced privacy fence. Outside, you'll enjoy a spacious backyard with plenty of room for entertaining, pets, or outdoor activities. A large two-car garage provides ample space for vehicles, storage, and hobbies. Conveniently located just minutes from Fort Bragg, local shopping, restaurants, and everyday amenities, this home offers easy access to everything the Sandhills region has to offer. You'll be approximately 15 minutes from Fort Bragg, 35 minutes from Southern Pines, and about an hour from Raleigh, making commuting and weekend trips simple and convenient. Outdoor enthusiasts will appreciate the home's proximity to Raven Rock State Park, where miles of hiking trails, scenic overlooks, camping, and access to the Cape Fear River provide endless opportunities for adventure. Several nearby lakes and recreation areas offer fishing, kayaking, boating, and family-friendly outdoor fun throughout the year. If you're searching for a move-in ready home with generous living space, modern updates, and a prime location, 190 Asheford Way deserves a place at the top of your list. Listing Agent is the Owner of the Property.
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.
