Modern comfort, effortless convenience, and a location that keeps you connected to the very best of Charlotte—this beautifully upgraded 4-bedroom, 3.5-bath townhome in Enclave at City Park offers a lifestyle that feels both elevated and easy. With the look and feel of new construction—without the wait—this meticulously maintained home delivers the perfect balance of style, function, and accessibility in one of the city’s fastest-growing areas. Inside, the main living level was designed for the way people truly live today—open, welcoming, and filled with natural light. Wide-plank LVP flooring, expansive windows, and seamless flow between the kitchen, dining, and living spaces create an atmosphere that feels warm, modern, and effortlessly livable. The kitchen serves as the heart of the home, featuring a large gathering island, generous pantry, stainless steel appliances, and gas range—ideal for everything from slow weekend mornings to entertaining friends before a night out in the city. Just off the main level, the private balcony offers a peaceful outdoor escape for coffee at sunrise or unwinding at the end of the day. The entry level provides incredible flexibility with a private guest suite and full en-suite bath—perfect for visitors, a quiet home office, fitness space, or multigenerational living. Upstairs, the spacious primary suite creates a calming retreat with a thoughtfully designed bath and generous closet space, while additional bedrooms provide comfort and privacy for family or guests. Beyond the home itself, the lifestyle this location offers is what truly sets it apart. Imagine being just minutes from the energy of Uptown Charlotte, spontaneous dinners in South End and LoSo, morning walks through Charlotte Regional Farmers Market, quick access to the LYNX Light Rail for stress-free commuting, and effortless travel with Charlotte Douglas International Airport only moments away. Outdoor enthusiasts will also appreciate nearby Renaissance Park with its expansive green space, trails, and recreation opportunities. Additional highlights include a rear-entry two-car garage, functional drop zone, abundant guest parking, and the low-maintenance lifestyle today’s buyers are searching for. Rarely does a home combine this level of turnkey condition, modern design, and true connectivity to Charlotte’s top destinations. This is more than just a home—it’s the opportunity to simplify daily life while staying close to everything that makes the city exciting. LOW INTEREST RATE ASSUMABLE FHA LOAN IN PLACE UNDER 4%!!
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.
