This spacious 6,725 square foot home with 5 bedrooms, 5 full bathrooms, and a full basement offers endless possibilities for multi-generational living. With multiple gathering areas, private bedroom suites, and flexible spaces ideal for recreation, work, or extended-stay guests, there's room for everyone to spread out while still enjoying time together. Nestled on a sprawling .72-acre private wooded golf course homesite, this home offers not only a multigenerational residence but a serene retreat. The finished 9' basement provides the perfect setup for an in-law suite, teen retreat, or entertainment hub, making the home as functional as it is impressive. The heart of this home is undoubtedly the gourmet kitchen, highlighted by site-finished hardwood floors, recessed lighting, and custom glazed raised panel cabinetry with crown trim and under-cabinet lighting. A spacious granite-topped island with bar seating anchors the room, complemented by elegant pendant lights and glass display cabinets for added style. Double wall oven (convection microwave) a gas cooktop beneath a custom range hood, and a designer tile backsplash complete this chef's space. The sun-filled breakfast area features skylights and walls of windows, offering the perfect spot to enjoy casual dining with views of the very private backyard. The kitchen flows easily into the vaulted family room with a wall of windows and a stone surround gas log fireplace. The main level hosts both the owner's suite and an additional bedroom. The owner's retreat showcases plush carpet, crown molding, and a tray ceiling with a decorative medallion, while a triple window and two additional windows fill the space with natural light. The spa-inspired bath features tile flooring, a tray ceiling, his and her vanities with granite countertops, and plumbing already in place for a freestanding tub. An oversized tiled shower steals the show with a decorative tile border, two (separate shower areas), both with double showerheads. The expansive full basement is a home within itself, offering unmatched versatility for multi-generational living or entertaining on a grand scale. A custom kitchenette with cabinetry anchors the space, while a game room, billiards room, rec room, and a cozy nook for a card table provide endless options for gathering with family and friends. Additional rooms include a yoga/exercise studio, office, flex room/bedroom, and a full bathroom, making this level as functional as it is impressive. A gas log fireplace with a dramatic stone surround rising to the ceiling and hearth adds warmth and character. Ample unfinished storage and a mechanical room complete the lower level, ensuring space and practicality are never in short supply. A very private fenced backyard is an entertainer's dream which backs p to the 6th tee box of the Hasentree golf course. A spacious fire pit area with a stone knee wall sets the stage for evenings under the stars. Out front, the covered porch with a slate floor overlooks the sprawling yard. Residents of Hasentree enjoy resort-style living and world-class amenities, including a Tom Fazio-designed course, multiple pools with a waterslide, tennis and pickleball courts, spa and fitness facilities, a scenic fishing pond, plus a vibrant clubhouse with dining and year-round activities. Surrounded by 350+ acres of open space and scenic trails, Hasentree offers a perfect blend of elegance, recreation, and family-friendly living—all within minutes of Falls Lake and convenient to Raleigh. Other notable highlights include central vac system, water softener, wired for security system and motion sensors, and pre-wired for speakers in numerous locations.
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.
