1091 Bridgeport Way, Leland, NC 28451
2 beds · 2 baths · 1,206 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Welcome home to this well maintained brick townhome in the amenity rich community of Windsor Park. This home is located on a quiet street with no thru traffic. The home has an open floor plan, with two bedrooms, two bathrooms, and wood flooring in the both bedrooms. The primary bedroom has a large walk-in closet and walk-in shower. The other bathroom has a tub/shower combination. The kitchen is a is a nice size with lots of cabinets, pantry and laundry room with shelving. The dining room and living area are spacious. The home has some floored storage space in the attic. There is a screened porch and an open common area behind the home. The front porch has room for some chairs. The club house is centrally located and offer a pool and playground and there are many community events throughout the year.
Source: NORTHCAROLINAREGIONAL #100486641
Source: NORTHCAROLINAREGIONAL #100486641
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.
