Relax at the "Roberta Retreat" — Your Private Concord Escape, a rare opportunity to enjoy privacy, space, and convenience all in one property while capitalizing on the seller's low assumable interest rate! Nestled on 0.73 acres and surrounded by mature trees, this beautifully updated one-level home gives peaceful retreat vibes while still being minutes from the best of Concord and the Charlotte metro. This home offers a layout designed for comfort, flexibility, and modern everyday living. As soon as you step inside, you are welcomed by a warm, open main living area that blends naturally into the dining room and kitchen. The floorplan creates an easy flow—ideal for hosting, entertaining, or simply enjoying comfortable daily routines. The kitchen includes plentiful KraftMaid cabinetry, easy-flow prep space, Plentiful storage at the coffee bar and a custom backsplash enhanced with genuine amethyst stones adds a refined, natural element—bringing warmth, personality, and a bit of artistry to the heart of the home. Just beyond the main living spaces, the standout feature of the home awaits: an expansive glass-lined sunroom that stretches across the back of the house. Flooded with natural light and offering year-round views of the wooded backyard, this room instantly becomes a favorite gathering spot. It’s perfect for a second living area, playroom, hobby space, home office, gym, or a serene morning coffee lounge. One of the home’s standout features is its true split floor plan, thoughtfully designed to maximize privacy. The primary suite includes a generous, custom, walk-in closet, private bath & room for a private sauna, while the secondary primary includes accessibility-focused features that enhance ease of living and long-term usability. Zero-entry, curbless walk-in shower with grab bars, open, easy-flow layout and lower vanity heights. Wider openings and smooth flooring transitions throughout the home support comfortable mobility. These thoughtful details make everyday life easier for a wide range of needs—whether appreciated now or valued for future planning. This property is perfect for multigenerational living, overnight guests, extended stays, or simply giving everyone more personal space. Outdoor living is where this property truly shines. The expansive lot provides privacy, space, and an inviting natural backdrop. A large back deck extends your living space outdoors, creating the perfect setting for grilling, entertaining, or unwinding at the end of the day. The covered side porch adds yet another place to relax, read, or enjoy fresh air regardless of the season. The backyard offers room for gardening, outdoor activities, pets, or future enhancements. Extras include: Whole house generator for peace of mind with weather & keeping daily functionalities working. Lines & wiring are in place for your choice of gas or electric stove/range. Energy efficient windows & new LVP Waterproof & Lifeproof flooring throughout with Lifetime Residential Limited Warranty. The location offers the best of both worlds: a peaceful, wooded setting with quick access to the conveniences of Concord, Harrisburg, and Charlotte. Minutes from I-85, Concord Mills, Afton Ridge, the University area, Charlotte Motor Speedway, grocery options, dining, parks, and major employment centers, this home provides unmatched connectivity while maintaining the feeling of a tucked-away escape. It’s rare to find this level of privacy and acreage so close to everyday needs. If you’ve been searching for a home with character, land, and convenience - this is your sign! Property also has an assumable low interest rate, please inquire with listing agent.
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.
