Welcome to life at Olde Point— where mornings start with coffee in the sunroom and evenings end in the hot tub under Carolina stars. Nestled on a beautifully landscaped .49-acre homesite in the highly sought-after Olde Point community in Hampstead, this custom-built Concord plan by Riptide Builders offers more than just a home — it offers a lifestyle. With water access at Olde Point Marina on the Intracoastal Waterway, your boat days are just minutes away. And yes — the extended driveway easily accommodates your boat or motorhome, so spontaneous sunset cruises are always an option. Step inside and you're immediately greeted by vaulted ceilings in the Great Room and rich hardwood floors that carry you from the welcoming foyer into the heart of the home. Custom trim work, 7-inch crown molding, chair rail accents, and a beautifully finished fireplace mantel create warmth and architectural interest that feels both refined and comfortable. The kitchen is designed for gathering. A large island with bar seating anchors the space, complete with granite countertops, pendant lighting, stainless steel appliances, tile backsplash, and 42-inch custom painted maple cabinetry. There's generous pantry storage and plenty of prep space for holidays, weeknight dinners, or hosting friends after a day on the water. Just off the kitchen is one of the most charming spaces in the home — the breakfast nook. Surrounded by windows and filled with natural light, it overlooks the backyard oasis and sparkling pool. It's the kind of spot where mornings feel peaceful, coffee tastes better, and you can watch the kids swim while dinner simmers on the stove. It's bright, cheerful, and effortlessly connected to the outdoor living spaces. The split-bedroom floor plan offers comfort and privacy for everyone. With ample storage and thoughtfully placed bathrooms, the home lives easily for both everyday routines and entertaining guests. And then you step outside. Your backyard is a private retreat designed for year-round enjoyment. A 14x30 inground saltwater Hydrostone Trilogy pool becomes the centerpiece of summer, complete with a pool cover and a heat pump that heats and cools for extended-season swimming. Pavers lead from the driveway to the pool and wrap the deck in polished style. After a swim, slip into your Nordic Encore 6-person hot tub (heater replaced in 2025) and unwind. The backyard is fully fenced (288 feet with two gates) for privacy and peace of mind, and there's even an 8x11 storage shed tucked neatly away. The back porch has been professionally enclosed by Porch Conversions of Wilmington, creating a true indoor-outdoor living space. Polk speakers and a mounted TV convey, making this the ultimate game-day or pool-party headquarters. Practical upgrades bring comfort and confidence: a Generac whole-house generator with a 250-gallon propane tank, new dishwasher (2025), and even a 2025 pool cleaning robot that conveys at closing . Thoughtful touches like added laundry shelving show the care that's been poured into every detail. And then there's the location-Olde Point is one of Hampstead's most beloved communities. Known for its golf course, marina access, mature trees, and relaxed coastal atmosphere. Spend weekends boating on the ICW, teeing off at Olde Point Golf & Country Club, dining at local favorites like Shaka Taco or Sailfish Marina Grill, or heading south to Wilmington for riverfront restaurants and boutique shopping. Topsail Island's sandy beaches are just a short drive north when you're craving salt air and a beach day. This isn't just a house with a pool. It's boat mornings. Golf afternoons. Poolside evenings. It's neighbors who wave. It's quiet streets and coastal breezes. It's the Hampstead lifestyle elevated.
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.
