Welcome to this spacious and beautifully maintained brick farmhouse-style home situated on nearly one acre in the desirable Woodhaven community of Hendersonville. Offering more than 4,800 square feet of total heated living space across three levels, this thoughtfully designed home provides exceptional comfort, flexibility, and room for entertaining, multi-generational living, or working from home. The main level features an inviting open floor plan with hardwood floors, abundant natural light, and a large living room centered around a gas fireplace. The kitchen is designed for both everyday living and entertaining with generous cabinetry, ample counter space, breakfast bar seating, and a sunny breakfast nook overlooking the peaceful natural setting behind the home. A formal dining room offers an elegant space for gatherings and holiday meals. The primary suite on the main level provides privacy and comfort with spacious walk-in closets and a well-appointed bath, while a full bath, laundry room, and a versatile den or office complete the main floor. Upstairs you’ll find three additional rooms and a full bath along with charming architectural details and open areas overlooking the main living space below, creating an airy and connected feel throughout the home. The home is served by a three-bedroom septic system, therefore additional rooms are ideally suited for use as bonus rooms, offices, hobby spaces, guest areas, or flex rooms depending on your needs. The finished lower level further expands the living space with a large recreation room, 2 additional bonus rooms, a full bath, and a second kitchen. With both interior and exterior access, this level is ideal for guests, extended family, private living quarters, or a variety of flexible living arrangements. Outdoor living is equally appealing with a welcoming covered front porch and a large Trex rear deck designed for relaxing and entertaining. The deck overlooks a beautiful creek that runs along the back of the property, creating a peaceful and private natural setting where you can enjoy the sounds of flowing water and the surrounding wooded landscape. Additional features include a two-car attached garage with workshop space, city water, natural gas service, central heating and cooling, and a finished walk-out basement. Located on a paved publicly maintained road with minimal HOA dues, this property offers the rare combination of privacy, space, and convenience just minutes from shopping, dining, and historic downtown Hendersonville. This exceptional home provides the space, flexibility, and natural setting to enjoy the very best of Western North Carolina living.
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.
