101 Camden Branch Dr, Cary, NC 27518
4 beds · 4 baths · 3,746 sqft
Welcome to an elegant Southern retreat in the heart of Cary's highly desirable Camden Forest! This stunning homeoffers a perfect blend of charm, modern updates, and an unbeatable location. From the inviting classic Southern porch—freshly painted along with the front porch and deck—to the thoughtfully designed interior, this home is a true gem waiting for its next owner. Exceptional Interior Features - Step inside to gleaming hardwood floors that flow throughout the main level, where sophistication meets functionality. The layout includes a formal dining room, a private office, and a spacious living room complete with a cozy fireplace. The semi-open kitchen is a chef's delight, featuring granite countertops, a pantry, and a half bath for guests. Upstairs, the primary suite is a true retreat, boasting hardwood floors, a large walk-in closet, a double vanity, an oversized shower, and a relaxing garden tub. Three additional generously sized bedrooms, a hallway bath, and a convenient laundry room complete the second floor. Incredible Basement for Entertaining & More - The finished basement offers versatile living space, featuring a huge recreation area, a full bathroom, and a wet bar—perfect for hosting gatherings, movie nights, or creating a private guest suite. Private Outdoor Oasis - Step outside to the freshly painted deck and private backyard, an ideal space for relaxing, grilling, or entertaining in a serene setting. Unmatched Convenience & Prime Location - Located just off SE Cary Parkway, this home offers easy access to Tryon Road, Whole Foods, top restaurants, and major highways, including I-40 and Highway 64, making commuting a breeze. Enjoy the added convenience of being just: Less than 6 minutes from Downtown Raleigh, Around 10 minutes to RDU International Airport, Close to Research Triangle Park, Moments from shopping at Super Walmart, BJ's Wholesale Club, Lowe's, Home Depot & more, Near top-rated hospitals like WakeMed & UNC. Don't miss this rare opportunity to own a beautifully maintained home in one of Cary's most sought-after neighborhoods. Schedule your private showing today!
Source: TRIANGLEMLS #10080252
Source: TRIANGLEMLS #10080252
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.