13360 Sycamore Ln, Laurinburg, NC 28352
5 beds · 3 baths · 2,017 sqft sqft
Welcome to your dream home! This beautifully designed 5-bedroom, 2.5-bathroom residence offers the perfect blend of style and comfort. As you enter, you'll be greeted by an open floor plan that seamlessly integrates living and dining spaces, making it ideal for both everyday living and entertaining. The kitchen boasts sleek granite countertops and all new cabinetry. The kitchen opens into a large living area adorned with luxury vinyl plank flooring throughout, which is both durable and easy to maintain. Each of the five bedrooms provide ample space. The master suite is a true retreat, complete with a private en-suite bathroom designed for ultimate comfort and convenience. Outside, you will discover a large backyard that’s perfect for outdoor gatherings, playtime, or simply unwinding after a long day. With its modern finishes, open-concept layout, and spacious outdoor area, this home is a rare find. Don’t miss the opportunity to make it yours!
Source: TRIANGLEMLS #LP730570
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #LP730570
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #LP730570
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.