Welcome to 3689 Graham Sherron Road in Sherron Farms— a stunning retreat that blends modern comfort with peaceful North Carolina charm. Nestled on approx. 1 acre lot surrounded by open skies and mature trees, this beautifully maintained home offers the perfect balance of privacy and convenience just minutes from downtown Wake Forest. Step inside and discover a thoughtfully designed floor plan. The main level features a welcoming foyer and a light-filled family room with generous windows framing tranquil views. The chef's kitchen includes modern appliances, custom cabinetry, and a sizable 13' x 15' breakfast nook, perfect for everyday gatherings and casual dining. Entertain with ease in the formal dining room (12' x 14') or transition to the spacious living area for seamless hosting. Retreat to the serene primary suite, featuring over 250 square feet of comfort, a walk-in closet, and a relaxing en suite bath. Three additional bedrooms upstairs ensure restful nights for family and guests, each with easy access to two well-appointed hall baths for ultimate convenience. A versatile bonus room (18' x 21') offers endless possibilities for a home office, gym, or playroom — adapting effortlessly to every need. Enjoy true Carolina living with expansive outdoor spaces, including a 14' x 19' deck and a large 16' x 19' screened porch — the ideal setting for morning coffee, weekend barbecues, or peaceful evenings under the stars. The two-car garage (21' x 23.5') and dedicated laundry add practicality and ease to daily routines. The property's thoughtful layout provides for both privacy and togetherness. Whether relaxing in one of several spacious bedrooms, gathering in the kitchen, or unwinding in the backyard, this home creates spaces made for connection, creativity, and comfort. Living here means enjoying the tranquility of country life with immediate access to local shops, parks, schools, and everything charming Wake Forest offers. When home is a retreat, every moment feels special. This is the kind of home that inspires lasting memories. Schedule your private showing today and experience the unmatched lifestyle awaiting at 3689 Graham Sherron Road. Let your next chapter begin here.
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.
