214 Sandy Springs Rd, Aberdeen, NC 28315
4 beds · 3 baths · 2,025 sqft
Welcome to 214 Sandy Springs Rd, a charming 4 bedroom, 3 full bath home nestled in the desirable Sandy Springs neighborhood of Aberdeen, NC. Built in 2010, this spacious 2,025 sq ft residence sits on a half acre lot, offering a perfect blend of comfort, style, and privacy. Upon entry through your covered front porch, the front door opens with a view into your formal dining room and beautiful living room complete with gas logs and a vaulted ceiling. Hardwood flooring runs throughout the main living areas of the first floor, including the kitchen. The kitchen has an eat in breakfast nook, granite countertops, tile backsplash, and dedicated pantry. A separate laundry room with tile flooring connects to the two car garage - plenty of room for storage and even a home gym! The primary bedroom is a true retreat, located on the first floor and boasting a large walk-in closet and an en-suite bathroom. The first floor is completed by two more bedrooms, and one more full bathroom. The fourth bedroom is located on the second floor, complete with its own bathroom. This versatile space can also be used as a home office or bonus room. Step outside to a back deck overlooking the expansive, fenced in backyard—ideal for outdoor entertaining and relaxation. There is a walk-in crawl space with access near the patio. Gardening enthusiasts will love the mature landscaping, fenced-in box planters and peach trees. The property offers a sense of seclusion while still being part of an established community.
Source: NORTHCAROLINAREGIONAL #100498608
Send questions to support@withroam.com
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100498608
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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 “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.
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 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 of Equal Opportunity Act.