Welcome to 613 Indigo Bay Circle, a beautifully upgraded home in the prestigious gated community of Indigo Bay--one of Carolina Forest's most desirable neighborhoods. This exceptional 5-bedroom, 3-bath residence offers an impressive blend of luxury, comfort, and functionality, designed to support a dynamic lifestyle. From the moment you arrive, the beautiful curb appeal and inviting front porch set the tone for what awaits inside. Step through the door to discover a thoughtfully designed layout, freshly repainted throughout, and featuring many upgrades, including modern finishes, enhanced lighting, and premium details that elevate every space. At the heart of the home, the gourmet kitchen shines with gray cabinetry, a large center island, pendant lighting, and a walk-in pantry--a dream setup for cooking, hosting, or gathering with loved ones. The open-concept design flows seamlessly into the living and dining areas, creating an ideal environment for everyday living and entertaining. This home offers exceptional versatility with a dedicated home office, a spacious loft, and an added bonus room perfect for a home theater, gym, playroom, or guest suite. Whether you work from home, need extra space for hobbies, or simply want room to grow, this layout adapts to your needs with ease. Step outside to your private oasis: a fully fenced backyard offering both privacy and endless possibilities. Enjoy the covered patio with a ceiling fan, plus an additional concrete patio ideal for grilling, lounging, or outdoor dining. For hobbyists, craftsmen, or DIY enthusiasts, the property includes a full-sized detached, air-conditioned workshop. Indigo Bay offers resort-style amenities including a pool, fitness center, dog park, playground, clubhouse, boat launch, and scenic walking trails with serene lake views. Located just across from the Carolina Forest Library, Senior Center, and Recreation Center, and minutes from top-rated schools, shopping, dining, medical facilities, and major highways, this move-in ready home delivers the perfect blend of convenience, comfort, and upscale coastal living. Schedule your showing today!
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.
