1221 Chimney Ridge Dr, Fuquay Varina, NC 27526
4 beds · 4 baths · 3,723 sqft sqft
Welcome to 1221 Chimney Ridge—a stunning single-family residence nestled in the charming Amber Ridge community of Fuquay Varina, NC. This exceptional home, designed with families in mind, boasts 4 bedrooms, 3.5 bathrooms, and an array of features that cater to comfort and style. As you enter the inviting foyer, you're immediately drawn to the formal dining room, complete with a cozy sitting area—the perfect space for hosting dinner parties or enjoying family meals. The dedicated office space on the main level offers a quiet retreat for work or study, providing a versatile area that meets the needs of today's dynamic lifestyles. The heart of the home is the exquisite kitchen, where aspiring chefs will delight in the gas range, sleek island, and granite countertops with a high bar area. Casual meals can be enjoyed in the sunlit breakfast area, overlooking the beautifully fenced yard. Upstairs, the layout continues to impress with four bedrooms and a versatile loft space, ideal for a playroom or second living area. Retreat to the expansive primary bedroom featuring a spacious ensuite that promises relaxation and rejuvenation. Community amenities include a pool, ensuring endless fun and leisure for the whole family. And when it comes to convenience, this home is perfectly situated close to shopping, dining, and Holland Farms—a local favorite for fresh produce. Don't miss the opportunity to make 1221 Chimney Ridge your new family haven, where memories await in this picturesque slice of Fuquay Varina.
Source: TRIANGLEMLS #10063058
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10063058
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #10063058
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.