2421 Trenton Park Ln, Raleigh, NC 27607
4 beds · 4 baths · 4,004 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Exceptional value for a home of such quality construction and condition. Ultimate location minutes to major employers, greenway leading to Umstead & Schenck Forest, NC State, PNC, Rex, art museum, shops and restaurants. Open flowing floorplan with hardwood floors perfect for entertaining. 1ST FLOOR primary suite with trey ceiling. Primary bath has beautiful tile, dual lav vanity, large soaker tub, walk-in shower. Huge California style walk in closet. 2 story family room with wall of windows fills the home with natural light. Gourmet chef's kitchen with center island seating, granite countertops, SS appliances, 42'' cabinets. Elegant dining room with wainscoting / chair rails and butlers pantry. Hard to find 3-car side load garage has mudroom entry with bench, cubbies, and coat hooks. Huge flexible loft great for game room or media room. Large guest suites each has access to full bath and walk in closets. Large laundry room with laundry sink. 4 season room with split unit heat/air plus sun deck and huge paver patio with gas fire pit. Nearly 1/2-acre level fully fenced yard.
Source: TRIANGLEMLS #10086883
Source: TRIANGLEMLS #10086883
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.