1007 Olde Midway Ct, Knightdale, NC 27545
4 beds · 3 baths · 2,132 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully maintained home, nestled in a peaceful cul-de-sac, offering comfort, convenience, and a touch of Southern charm. Enjoy relaxing on the rocking chair front porch, perfect for sipping your morning coffee or unwinding after a long day. Step inside to a spacious living room flooded with natural light, creating a warm and inviting atmosphere. The home boasts four generous bedrooms, offering plenty of room for rest and relaxation. The large screened-in back porch is the perfect retreat, leading out to the above-ground pool—ideal for summer days spent in the sun. The fenced-in yard offers privacy and a secure space for outdoor activities. As part of a vibrant community, you'll have access to a community pool, playground, and scenic walking trails, ensuring endless opportunities for recreation and relaxation. Best of all, this home is less than 10 minutes from Downtown Knightdale, providing easy access to shops, dining, and local amenities. Don't miss your chance to own this charming home in a sought-after neighborhood!
Source: TRIANGLEMLS #10080913
Source: TRIANGLEMLS #10080913
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.