Prepare to fall in love with the rarest of finds in Stephens Glen! From the moment you arrive at 65 Oscar Wilde Way, you are greeted by the enchanting curb appeal of a meticulously manicured corner lot that feels like your own private sanctuary. Step through the front door and be swept away by an explosion of natural light dancing across gleaming hardwoods. With soaring 9ft+ ceilings and a seamless open-concept flow, this home breathes with an air of sophisticated grace. At the heart of the home lies a chef's dream kitchen--a culinary stage featuring opulent granite countertops, a majestic central island, and a shimmering tile backsplash that begs for laughter-filled dinner parties and holiday gatherings. When the day is done, escape to the expansive primary suite, a true spa-inspired oasis designed for ultimate rejuvenation, complete with dual vanities and two cavernous walk-in closets fit for any wardrobe. But the true ''hidden gem'' awaits just up the stairs. Discover a massive, walk-up second-floor expanse that is bursting with potential. This isn't just storage; it is the future site of your dream cinema, a high-stakes gaming lounge, or a sprawling library. Whether you envision a private gym or a creative studio, this incredible space offers the rare gift of future equity and endless imagination. Outside, your private screened porch serves as the perfect front-row seat to nature, overlooking a professionally landscaped, fully fenced backyard where morning coffee tastes just a little bit sweeter. With a tankless water heater, modern 2010 craftsmanship, and the community pool and clubhouse just a leisurely stroll away, this isn't just a house--it's the lifestyle you've been waiting to claim. Welcome home. Roof: New in 2025 Upstairs: Massive walk-up unfinished space (Ready for finishing: Media/Game/Flex) Lot: Premium Fenced Corner Lot Water Heater: Tankless (Endless Hot Water) Location: Stephens Glen (Youngsville/Wake Forest area)
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.
