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311 Drury Dr, Charlotte, NC 28206

3 beds · 3 baths · 1,309 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

Welcome to 311 Drury Drive, a charming townhouse located in the heart of Charlotte, NC. Built in 2008, this property offers 3 bedrooms, 2.5 bathrooms. The home features an inviting floor plan, perfect for entertaining, with a spacious living area that flows seamlessly into the dining and kitchen spaces. Upstairs, you’ll find three generously sized bedrooms, including a primary suite with a private bathroom and walk-in closet. Outside, enjoy a low-maintenance yard and a cozy patio. Conveniently located near major highways, Uptown Charlotte, and popular dining and shopping destinations, this home offers the perfect blend of comfort and convenience.

Location
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Home details
Size
1,309 sqft
Year built
2008
Type
Townhouse
HOA dues
$300.00

Source: CANOPYMLS #4215848

Resources
Frequently asked questions

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.

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Last updated: May 13, 2025 05:36 am
Listing agent: Ralph Harvey (855) 456-4945
Listing provided courtesy of: Listwithfreedom.com Inc (855) 456-4945
Details provided by CANOPYMLS and may not match the public record.
MLS ID: #4215848
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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