18 Harvest Ct, Linden, NC 28356
3 beds · 3 baths · 2,197 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This well thought out floorplan includes 3 full bedrooms and 3 full bathrooms. The master bedroom is on the first floor to keep you close to the kitchen and secluded from the other bedrooms. There is a nice flex space as you first walk in the home, it would be great for an office. The living room and kitchen have a nice open feel and a vaulted ceiling. The kitchen comes equipped with a double oven and a good bit of storage space. The home is situated on a almost half acre lot and is fully fenced in the backyard. The sellers are including a nice shed w/ power & an above ground pool with the sale. Book your tour today.
Source: TRIANGLEMLS #LP740407
Source: TRIANGLEMLS #LP740407
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 and Equal Opportunity Act.