1327 Gloriosa St, Apex, NC 27523
4 beds · 4 baths · 3,929 sqft
Welcome to Your Personal Retreat in the Coveted Sweetwater Community! This custom-built Elm Street Builders home seamlessly blends comfort, style, and modern living. Nestled on a beautifully landscaped lot, it boasts luxurious upgrades, high-end finishes, and a resort-style backyard perfect for entertaining. At almost 4000 square feet the main floor features engineered hardwood throughout and an open-concept design. The primary suite is a private retreat with a spacious layout, walk-in closet, dual sinks, and a walk-in shower. Two additional bedrooms share a connected bath, while a stylish half bath adds convenience for guests. The gourmet kitchen is a chef's dream, complete with JennAir appliances, quartzite countertops, a large island, and a walk-in pantry. The living area, enhanced with custom built-ins, flows effortlessly to an EZ-slide screened-in porch overlooking the expansive backyard. The lower level offers even more space, including a large bedroom, full bathroom, and a versatile flex room—perfect for a media room, gym, or private lounge. Step outside to your resort-style backyard, featuring a paver patio, multiple seating areas, an outdoor gas fireplace, and a stunning infinity-edge heated saltwater pool and spa, professionally maintained weekly. Luxury touches throughout include crown molding, custom window treatments, wood plantation shutters, and a two-car garage. Recent upgrades include a new roof (2020, under warranty), EZ-slide porch panels (2022), and a full interior repaint (July 2024). Located in the sought-after Sweetwater community, residents enjoy top-tier amenities, including a clubhouse, pool, fitness center, playgrounds, dog parks, and scenic walking trails with access to greenways. With a new Harris Teeter now open and exciting new restaurants, a brewery, and shops on the way, luxury and convenience are at your doorstep. Don't miss this incredible opportunity—schedule your private showing today!
Source: TRIANGLEMLS #10081927
Financials
Source: TRIANGLEMLS #10081927
Source: Public records
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%. 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.
Other resourcesWhat 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.