200 Forest Pond, Cameron, NC 28326
3 beds · 2 baths · 1,598 sqft sqft
Come check out this wonderful home located in Carolina Seasons. Carolina Seasons has a community center, playground, basketball area, beautiful front entrance/signs, & pool. This home is sitting in an amazing location in the cul de sac w/ views of the pond across the street. This one is a true standout!! Great curb appeal. Inside you will find 3 bedrms, 2 full bathrms, formal dining room, foyer, open concept feel from the kitchen to the great room w/ cathedral ceiling & skylights. You will love the sunroom/flex space off the great room area - perfect for entertaining. The kitchen features granite countertops, and an over-sized SS sink. Nice mature trees around this home and no neighbors behind the home. Laundry room is inside the home. Master bedroom is a generous size. Master bathroom features separate shower, large vanity, & jetted tub. HVAC installed 2023, 2022 updates new sink & granite countertops in kitchen, plus water heater. Fire pit & large patio area. Don't wait, see today!!
Source: TRIANGLEMLS #LP733463
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #LP733463
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: #LP733463