Imagine unwinding in your own private backyard oasis--complete with a covered Jacuzzi spa, cozy fire pit seating area beneath a pergola, and a relaxing screened porch--while enjoying nearly 2,000 square feet of beautifully updated living space in this inviting two-story home. Step inside to find a bright and functional main level featuring laminate flooring in the family room and home office, creating a warm and inviting atmosphere for everyday living. The family room offers a comfortable space to gather and unwind, complete with a cozy fireplace and views of the beautifully designed backyard. The kitchen is thoughtfully appointed with granite countertops, a tiled backsplash, stainless steel appliances, tile flooring, and updated fixtures throughout, providing both style and functionality for cooking and entertaining. Upstairs, the spacious primary suite serves as a private retreat, offering plenty of room to relax. The suite features a flex sitting room, perfect for a reading lounge, home office, nursery, or additional bedroom space. The updated primary bathroom showcases modern finishes including floating vanities, contemporary lighting, tile flooring, and a beautifully designed glass walk-in shower with detailed tile work, creating a spa-inspired environment. Outdoor living truly shines at this property. The backyard has been thoughtfully designed as a private oasis, surrounded by mature trees and enclosed by a fenced yard for added privacy. The screened porch offers the perfect place to enjoy quiet mornings or relaxing evenings. Just beyond, the covered Jacuzzi spa creates a luxurious place to unwind, while the fire pit seating area beneath a pergola provides a cozy gathering spot for friends and family. The landscaping is enhanced with decorative stone accents, gravel beds, and defined pathways, creating a backyard that feels both peaceful and inviting. Additional highlights include a dedicated home office on the main floor, convenient laundry area, and a two-car garage, providing flexibility and practicality for modern living. The water heater was replaced in 2026, offering added peace of mind for future homeowners. The home is ideally situated less than one mile from Clayton Community Park, less than one mile from NC Highway 42, less than three miles from Highway 70, and offers convenient access to shopping, dining, and everyday amenities. Schedule your private tour today and experience everything this exceptional home has to offer.
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.
