109 Country Ridge Ln, Carthage, NC 28327
4 beds · 3 baths · 2,105 sqft
Get a free consultation call with an expert in the mortgage assumption process.
LOCATION LOCATION LOCATION! Nestled in the desirable Laurel Ridge neighborhood just on the outskirts of Pinehurst with easy access to 15-501. 4 miles from downtown Pinehurst, 9 miles from downtown Southern Pines, easy commute to Fort Bragg. This exceptionally well-maintained, better-than-new 4 bedroom, 3 bathroom home is ready for its new owners! The current owners have meticulously attended to every detail and completed numerous upgrades throughout the house, including LVP and tile flooring in every room, custom closet shelving, built-ins with a Murphy Bed, and low-maintenance landscaping. Step into the spacious entry hallway, complete with a custom built-in drop zone that offers ample storage. Two bedrooms share a full bathroom located off the entryway. The front bedroom boasts built-in shelving and a Murphy Bed. Beyond the entry hall lies the open-concept living room, kitchen, and dining area. The living room is centered around a propane fireplace, while the kitchen features stainless steel appliances, granite countertops, a large island, pantry, and a double-wall oven. The screened-in porch and deck are just outside the dining area and overlook the spacious, fenced-in backyard, making this home ideal for entertaining. The primary suite is situated on the main level and comes complete with an en-suite bathroom. The en-suite bathroom boasts a double vanity, a large walk-in shower, a walk-in closet, linen storage, and a separate commode room. There's also a large bedroom on the second level, complete with a full bathroom. Conveniently located just outside of Pinehurst in Moore County.
Source: NORTHCAROLINAREGIONAL #100497028
Source: NORTHCAROLINAREGIONAL #100497028
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.