3415 23rd St NE, Hickory, NC 28601
3 beds · 2 baths · 1,738 sqft
Get a free consultation call with an expert in the mortgage assumption process.
BOMK_BUYER FINANCING FELL THROUGH. Well-Maintained One-Level Ranch Home with 3 bedrooms and 2 full baths and apx 1738 heated square feet. This home also features an additional 4th BR/Bonus Room but septic permit was for 3 bedrooms. In addition there is also a large family room/sunroom granting access to the large concrete side patio and fenced in backyard. The living room boasts hardwood flooring, leading to the open kitchen and dining areas with ample cabinetry and a large pantry. Smoothtop range, refrigerator, and the dishwasher are all included in the sale. Convenient laundry off the kitchen with the washer and dryer remaining. Spacious Primary suite has two closets, and the bath has tile flooring and double sink vanity. Two other guest suites and a full bath are on the opposite side of the house. Storage Building remains. Double Attached Garage. Enjoy the evening sitting on the Covered Rocking-Chair Front Porch. New roof in 2024. SELLER WILL MAKE NO REPAIRS, SOLD AS-IS.
Source: CANOPYMLS #4226836
Source: CANOPYMLS #4226836
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.