Showstopper! This home is simply stunning. Experience everything this beautifully maintained, better-than-new residence has to offer, perfectly situated the highly sought-after Forest Lakes Neighborhood known for its charm, convenience, and lifestyle. From the moment you step inside, you’re welcomed by elegant details and thoughtful design throughout. The formal dining room showcases beautifully coffered ceilings, creating the perfect setting for gatherings and special occasions. Just off the entry, a versatile flex room with French doors offers endless possibilities; ideal for a home office, library, or sitting room. The spacious open-concept living room features a cozy fireplace and flows seamlessly into the heart of the home: the gourmet kitchen: designed with both style and function in mind. Enjoy a large center island with bar seating, a dedicated coffee bar or buffet area, wall oven, quartz countertops, subway tile backsplash, under-cabinet lighting, and a timeless farmhouse sink. Whether hosting guests or enjoying everyday living, this space delivers comfort and sophistication. The main level also offers a guest bedroom and full bath, along with a convenient organizational drop zone just off the garage entry. The garage is equipped with a Tesla EV wall charger, adding modern convenience for electric vehicle owners. Durable laminate flooring runs throughout the downstairs living areas, with tile in the bathrooms and laundry room, and plush carpeting upstairs for added comfort. Upstairs, the expansive primary suite offers a true retreat, complete with a spa-inspired glamour bathroom featuring dual vanities, a separate walk-in shower, relaxing garden tub, and a large walk-in closet. Three additional guest bedrooms provide generous space and flexibility. One bedroom, conveniently located just off the primary suite, is perfectly suited for a nursery, home office, or private guest room. A spacious media room creates the ideal setting for movie nights, game days, or entertaining, while a guest bathroom with dual vanities and a dedicated laundry room complete the well-designed second floor. This home also features a tankless water heater, offering enhanced energy efficiency and the luxury of continuous, on-demand hot water. Step outside and discover the inviting three-season room, allowing you to enjoy the beauty of spring, summer, and fall in comfort and style. The backyard offers a patio area, storage building, and beautiful landscaping; creating a peaceful outdoor space perfect for relaxing or entertaining. Located near Highland country club this home provides easy access to golf, dining, coffee shops, boutiques, Cape Fear Theatre, and everyday conveniences. Luxury, comfort, and lifestyle come together in this exceptional property; making it a place you’ll truly love to call home. **Ask about VA Assumable Loan! Sellers have a 2.375% interest rate.**
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.
