89 Pine Ridge Dr, Whispering Pines, NC 28327
3 beds · 2 baths · 2,082 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully maintained brick ranch, perfectly positioned across from Spring Valley Lake, offering peaceful lake views right from your front yard. Set on an oversized, maturely landscaped lot, the home provides exceptional privacy and space—all just steps from Spring Valley Lake Park, where you can launch your kayak or paddleboard and embrace the lake lifestyle with ease. Inside, you'll find an inviting and well-designed floor plan. The formal dining room at the front of the home sets the tone for elegant entertaining. The spacious living room boasts vaulted ceilings, a cozy corner fireplace, and rich hardwood floors that flow throughout the main living areas, adding warmth and timeless character. Just off the kitchen, a bright and airy Carolina room—surrounded by windows and filled with natural light—serves as a perfect space for morning coffee, casual dining, or simply unwinding with views of the backyard. Thoughtfully positioned, it connects directly to the private primary suite, enhancing the home's seamless layout and creating a peaceful, sunlit retreat. The split-bedroom design adds both comfort and functionality, with two guest bedrooms and a full bath located on one side of the home, while the primary suite enjoys added privacy on the other. One of the standout features of this property is the heated and cooled flex space located just off the side-loading garage. Whether you're envisioning a fully equipped home gym, a vibrant game room, a quiet workshop, or even a detached home office, this versatile space offers year-round comfort and endless potential to suit your lifestyle. With ample driveway space, thoughtful details throughout, and a prime location, this home offers the best of both worlds: a relaxed lake lifestyle and thoughtfully designed living in one of the area's most desirable settings.
Source: NORTHCAROLINAREGIONAL #100505083
Source: NORTHCAROLINAREGIONAL #100505083
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.