1312 Golden Bluff Ln, Fuquay Varina, NC 27526
5 beds · 3 baths · 3,600 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Multi-generational living in Fuquay Varina with endless possibilities! The inviting front porch leads into a beautiful home. Inside you'll find crown molding, tray ceiling in the dining room and a vaulted ceiling in the living room. The eat-in kitchen overlooks the fenced backyard. Main floor primary bedroom with zero threshold tile shower. Two additional bedrooms on the main floor with a full bathroom. Upstairs you'll find 2 spacious bedrooms, a large bathroom, bonus room plus a flex space! The second floor of this home could be used as a secondary primary suite with living space. Enjoy time outside on the screened porch or the concrete patio. Spacious garage including a wheelchair lift. Other custom features include chair rail molding, hardwood floors, tray ceiling in primary bedroom and wood shelving in closets! Unbeatable central location! Just minutes to Aviator Brewing, Aldi, Harris Teeter and Home Depot.
Source: TRIANGLEMLS #10087010
All values shown are estimated costs / mo.
Source: Public records
Source: TRIANGLEMLS #10087010
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.
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 of Equal Opportunity Act.