316 Kemper Rd, Hampstead, NC 28443
3 beds · 3 baths · sqft
Step into this stunning 3 bedroom, 2.5 bathroom home that seamlessly blends modern elegance with a timeless look. Offering ample space for both relaxation and entertainment. Located on nearly 1 acre of land, with no HOA this home is an actual dream come true. Once inside, you are greeted by soaring high ceilings that create a sense of openness and light throughout the home, the expansive open-concept living area is the heart of the home, where the kitchen, dining, and living spaces flow seamlessly together, making it perfect for both casual family time and elegant entertaining. The kitchen is a modern chef's dream, equipped with stainless steel appliances, an oversized breakfast bar making it easy to host casual gatherings and open to the dining area, which comfortably accommodates a large dining table, Beautiful countertops, sleek finishes. The home boasts curb appeal with a large porch that invites you to relax and enjoy the sunrise and sunsets. As you step further onto the property, you are greeted by the firepit area, ideal for gathering with family and friends under the stars, creating a cozy atmosphere on cool evenings. The expansive yard ensures plenty of space for outdoor activities. The 3 spacious bedrooms provide plenty of privacy and relaxation. The first floor master suite is a true retreat, offering ample space for a king-size bed and sitting area. The en-suite bathroom features a luxurious soaking tub, separate glass-enclosed shower and a double vanity. The 2 additional bedrooms are generously sized, with large closets. Special features include a 60 amp wired detatched garage for all of your projects, a Kinetico water softener/filtration system throughout the entire home, and easy access to the public boat ramp and walk to Kiwanis park; This home offers the perfect combination of comfort, style, and versatility. Whether you're enjoying a quiet evening at home, hosting or outdoors, this this home is perfect for you.
Source: NORTHCAROLINAREGIONAL #100480451
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100480451
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.
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.
MLS ID: #100480451
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.