Welcome Home to Eastfield Meadows — Space, Updates & Adventure Await! This move-in ready 4-bedroom, 2 full bath, 1 half bath home checks the boxes. From the moment you step inside, soaring ceilings create an airy, open feel that makes the home live much larger than you'd expect. The coveted primary suite on the main level adds everyday convenience — no stairs needed at the end of a long day. What truly sets this home apart is the peace of mind that comes with major system updates already done for you. A new furnace (2020), tankless hot water heater (2020), HVAC motherboard and outdoor surge protection (2025), and new motor start (2025). A fresh new front door and rear sliding door with integrated blinds add both style and energy efficiency. These are the kinds of updates that can save buyers thousands — in costs and headaches. Nestled in Eastfield Meadows, a charming community with sidewalks, street lights, and walking trails, you'll enjoy the perfect blend of neighborhood charm and low-maintenance living. And the excitement is just getting started — Mecklenburg County is developing Eastfield Park, a brand-new 114-acre adventure park right in nearby Huntersville. Planned amenities include a Beech Valley canopy walk, a children's adventure course, a dog park, a community hub, and 3.75 miles of trails for hiking, walking, and mountain biking. Phase 1 is anticipated to open by fall 2026 — making now the perfect time to plant roots before values climb even further. With easy access to I-485, UNC Charlotte, and all the shopping and dining along the University City and Huntersville corridors, this location is as practical as it is exciting. Schedule your showing today — your next chapter starts here! Home is being sold as is and all items at the home will remain including the TV and umbrella out back.
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.
