320 Thorne Rd, Pinehurst, NC 28374
4 beds · 3 baths · 2,768 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Now Offering $5,000 in Seller Paid Concessions with acceptable offer and Up to $2,500 Lender Credit with Preferred Lender! Don't miss this opportunity to make 320 Thorne Road your next home sweet home in the heart of Pinehurst! Beautifully maintained and move-in ready, this spacious home sits on a flat corner lot and blends timeless charm with today's must-have features. The open-concept floor plan offers bright, airy living spaces perfect for everyday comfort and effortless entertaining. The kitchen is the heart of the home, featuring granite countertops, crisp white cabinetry, stainless steel appliances, and plenty of prep space for everything from casual breakfasts to gourmet dinners. A stunning coffered ceiling adds character and warmth to the dining area, creating a space you'll love gathering in. Retreat to your main-level primary suite with a spa-like bathroom—complete with dual vanities, a soaking tub, a tiled walk-in shower, and a private water closet. A second bedroom on the main floor, along with a full bath, offers flexibility for guests or a home office. Upstairs, two additional bedrooms with lots of closet space, a full bath, and a large bonus room provide room to grow—ideal for a media room, gym, or even a 5th bedroom. Outside, enjoy a fenced backyard oasis with a covered patio, extended concrete pad, and raised flower garden—perfect for morning coffee or summer evenings with friends. Extra perks include: NO HOA, spacious laundry and mudroom, 2 -car garage, tons of storage and closet space, transferable termite bond, recently serviced HVAC, minutes to the Village of Pinehurst, Southern Pines, medical facilities, dining, shopping, and a short commute to Fort Bragg
Source: NORTHCAROLINAREGIONAL #100496988
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100496988
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.