Welcome to life inside The Bluffs of Cape Fear, one of Wilmington, North Carolinas premier gated communities—where charm, comfort, and coastal living come together beautifully. The Bluffs of Cape Fear offer low HOA with the most prestigious of Amenities! A newly appointed Beach Club with gated parking at the Oak Island Beach Club with Private beach access. Next, is a resort style pool and pool house with COMING SOON...Expanded clubhouse with dining and fitness and wellness center right around the corner and a short walk, The lake that sits in the heart of the Bluffs offers a sandy beach, pier, launch for your kayak or paddleboard . Want to fish? Lake is stocked with Hybrid stripers and Largemouth Bass. Bring your Boat to the 50-slip Marina or boat launch on the Cape Fear River. Take the Cape Fear River dinner at one of the islands and Ocean. This well-maintained freshly painted home is filled with natural light, inviting you in the moment you step through the door. The open layout is perfect for both everyday living and effortless entertaining, offering plenty of room to gather, unwind, and make memories. Enjoy a spacious modern kitchen and living area that flow seamlessly to the screened-in porch with fully retractable Nano door which brings the outside in! An ideal spot for morning coffee or evening relaxation over looking the expansive fenced in yard backing up to a beautiful, private, wooded landscape. The primary suite features a generous walk-in closet and a spa-inspired bath designed for true comfort with trey ceiling, his and her closets and tiled rain shower. 3 more bedrooms, 2 with ensuite bathrooms one upstairs gives you flex space. Step outside to a large, beautifully landscaped lot complete with a cozy fire pit—your own personal backyard getaway for crisp evenings and friendly gatherings. Light-filled, inviting, and thoughtfully designed, this home offers the best of The Bluffs lifestyle. Come see for yourself—you may just fall in l Amenities 8 Miles of Walking & Biking Trails Winding Among Natural Woodlands Resort-Style Pool & Pool House Lakefront Clubhouse with Outdoor Grills, Community Kitchen and Gathering Spaces Tennis & Pickleball Courts Fully-Stocked Lake with Fishing Pier & Beach 50-Slip Marina with Scenic Boardwalk Private Beach Club on Oak Island with Private Parking and Direct Beach Access 2-Acre Riverfront Park on the Cape Fear River: Boat and Kayak Launch, Picnic Pavilion, Grilling Stations, Fire Pits, Lawn Games and Fishing. Kayaking, Paddleboarding & Boating New State-of-the-Art Fitness & Wellness Center at our Expanded Clubhouse, coming soon. Golf Cart-Friendly Community Design Children's Playground Bright, Secure and Spacious When you live here, you live by the water.
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.
