158 Moultrie Ln, Aberdeen, NC 28315
4 beds · 3 baths · 2,356 sqft
Welcome to 158 Moultrie Lane, a stunning 4-bedroom, 3-bathroom home nestled in the sought-after Legacy Lakes community of Aberdeen. This spacious residence offers nearly 2,400 square feet of thoughtfully designed living space, perfect for entertaining! Step inside to discover freshly repainted interiors and an inviting open floor plan that seamlessly connects the kitchen, dining, and living areas. The gourmet kitchen features two convenient pantries, plenty of space for a coffee bar, and a central island - ideal for gatherings. Enjoy the flexibility of two bedrooms on the main floor, including a charming bedroom adorned with elegant board and batten detailing. Retreat to the primary suite with its beautiful tiled shower for ultimate relaxation - and enjoy the huge walk in closet without fighting over storage space! The Carolina room offers flexible space - a serene spot to unwind while overlooking the fenced backyard dotted with mature trees. Practical amenities include a laundry room with sliding doors, an irrigation system to keep your landscaping lush, and a garage with a convenient storage nook. The Legacy Lakes community enhances your lifestyle with tennis courts, a welcoming clubhouse, a refreshing pool, and sidewalk-lined streets perfect for morning runs or evening dog walks. This exceptional home offers the perfect blend of comfort, style, and community in a picturesque setting.
Source: NORTHCAROLINAREGIONAL #100492648
Financials
Source: NORTHCAROLINAREGIONAL #100492648
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.