WELCOME HOME to this stunning Laurel floor plan offering 3 bedrooms and 2 bathrooms, thoughtfully designed with GORGEOUS hardwood flooring throughout and tile in all wet areas—no carpet anywhere. This home is LOADED with upgrades and truly shows like a dream, featuring soaring ceilings, 8-foot doors, upgraded crown molding throughout many areas, an ample amount of recessed lighting, and high-end finishes at every turn. The exterior showcases an upgraded elevation with beautiful stone veneer and an upgraded front door with glass that allows natural light to pour in while still maintaining privacy—adding incredible curb appeal and charm from the moment you arrive. The gourmet kitchen is the heart of the home, showcasing quartz countertops, a massive island perfect for entertaining, a gas cooktop, stainless steel appliances (refrigerator to remain), a built-in wine rack, tons of cabinetry and counter space, pull-out shelves for added convenience, and under-cabinet lighting. All beautifully accented by a gorgeous backsplash and open flow into the dining and living areas. The living room is anchored by a beautiful gas fireplace with custom built-ins, offering the perfect blend of style, warmth, and functionality. The spacious owner’s suite is a true retreat, featuring a gorgeous tray ceiling that adds an elevated touch of elegance and comfort. Enjoy year-round living in the fully enclosed all seasons/sunroom, complete with a mini split system for heating and cooling. Open the interior doors to extend your living space or open the sunroom windows to let in fresh air and bring the outdoors in. Just outside, enjoy the extended patio—perfect for additional outdoor entertaining or relaxing. Additional highlights include custom built-ins in the laundry room for added workspace and storage, along with thoughtful upgrades throughout. One of the rare Laurel layouts featuring a true third bedroom instead of a flex space, offering incredible flexibility to use as an office, craft room, guest room, or whatever best fits your needs. The EXTENDED GARAGE provides an additional four feet of space and features attic storage with pull-down steps—ideal for added convenience and functionality. Located in Cresswind Charlotte, a highly sought-after active adult community, residents enjoy resort-style amenities including indoor and outdoor pools, pickleball and tennis courts, a fitness center, billiards room, and more—plus low-maintenance living with lawn care included in the HOA. Ideally situated within the community, this home offers easy access to amenities whether you prefer to walk or take your golf cart—making everyday living both convenient and enjoyable. And as if the home itself wasn’t enough, you’ll LOVE THE ADDRESS—because every day feels a little brighter living on GOOD NEWS DRIVE. This is truly a must-see home—don’t miss your chance to live in one of the area’s most desirable communities!
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.
