Turnkey, thoughtfully upgraded, and ideally positioned, this 4-bedroom, 3.5-bath townhome in the Enclave at City Park offers a refined take on low-maintenance living—blending modern design, functional flexibility, and unbeatable access to everything Charlotte has to offer. With the look and feel of new construction—without the delays—this home has been meticulously cared for and is ready for immediate enjoyment. The main living level is designed to feel both open and inviting, where wide-plank LVP flooring and expansive windows create a bright, elevated atmosphere. At the center of the home, the kitchen stands out as both a visual focal point and a highly functional space. A large island anchors the room, complemented by a spacious pantry, stainless steel appliances, and a gas range—ideal for everything from casual mornings to hosting with ease. The seamless flow into the dining and living areas creates a natural gathering space, while the private balcony just off the main level offers a quiet retreat for morning coffee or evening relaxation. Flexibility defines the entry level, where a private bedroom with a full en-suite bath provides the perfect setup for guests, a home office, or multigenerational living—offering both privacy and convenience. Upstairs, the third level is dedicated to rest and retreat. The primary suite is generously sized, featuring a well-appointed bath and ample closet space, while additional bedrooms and a full bath provide comfort for family or visitors. Each space is thoughtfully finished with a clean, modern aesthetic that feels both timeless and fresh. Additional features include a rear-facing two-car garage, a functional drop zone to keep daily life organized, and ample guest parking—an often overlooked but highly valued convenience. Set within one of Charlotte’s most connected locations, this home places you just minutes from Charlotte Douglas International Airport, the energy of South End and LoSo, the Charlotte Regional Farmers Market, LYNX Light Rail access, and the expansive green space of Renaissance Park. Whether you’re commuting, traveling, or enjoying the city’s growing lifestyle scene, everything is within easy reach. This is a rare opportunity to own a nearly new, move-in ready home in a location that continues to grow in both convenience and appeal—where modern living meets everyday practicality.
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.
