214 Bennett Ln, Richlands, NC 28574
3 beds · 2 baths · 1,358 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 214 Bennett Lane — where comfort is served up fresh and memories are made from scratch! A picture-perfect shade tree adds just the right touch of charm to the front yard, framing your arrival to a wide double driveway and spacious two-car garage. Inside, you're greeted by a warm foyer that flows into a generously sized living room anchored by a cozy fireplace — perfect for movie nights or holiday mornings. The kitchen offers everyday ease with a laundry closet and a sunny dining nook that opens right out to the backyard. All three bedrooms are thoughtfully placed on the right side of the home, including a full hallway bath and a spacious primary suite with its own private bath and walk-in closet. Out back, over half an acre of fenced yard and a large deck set the scene for backyard BBQs, birthday parties, or peaceful mornings with your coffee. A side door from the garage makes hosting a breeze, giving guests easy access to the fun. Just minutes from Richlands schools, shopping, and a quick trip to the airport — this home has all the ingredients for the lifestyle you've been craving.
Source: NORTHCAROLINAREGIONAL #100504913
Source: NORTHCAROLINAREGIONAL #100504913
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.