345 Springtime Fields Ln, Wake Forest, NC 27587
3 beds · 3 baths · 2,023 sqft
Welcome to 345 Springtime Fields Lane, a stunning home in the sought-after Traditions subdivision of Wake Forest. This beautifully maintained 3-bedroom, 3 bathroom home offers 2025 square feet of thoughtfully designed living space and has been completely repainted on the inside (2/2025). From the charming front porch to the open-concept floor plan, this home is perfect for modern living. The spacious kitchen features granite countertops, a large center island, stainless steel appliances, a gas cooktop, ideal for entertaining. The hard wood floors continue from the kitchen into the dining area and living room. Gas logs provide heat in the winter for snuggling up with a good book. The windows of this home, combined with the placement on the lot, provide tons of natural light, especially in the afternoons. Step outside through the sliding glass doors to the concrete patio where you can enjoy amazing sunset views. The primary suite is located at the back of the home. It includes a trey ceiling that makes the room feel bigger than its measurements. A large walk-in closet has plenty of room for clothing, shoes and accessories. In the bathroom, you will find dual vanities, a large mirror, tons of cabinet and drawer space, a separate garden tub and a stand-up shower. In the water closet, there is a linen closet also. The second bedroom on the first floor also has a full bath that doubles as a guest bath. The closet has plenty of space for storage of hanging clothes, or space for a chest of drawers inside. Two bedrooms and two full baths on the first floor make this a great home for multi-generational living. On the second floor, you will find a loft area that could be a play area, theater area or office space. The third bedroom has a closet and massive floored attic space with shelving for storage. Adjacent to the 3rd bedroom and loft is another full bath. This is a great space for teenagers to host friends or for those memorable sleepovers with younger friends. The two-car garage has permanent shelving installed and can be removed if needed. There is a brand-new water heater (installed 2/2025) and enough parking for 2 cars in the garage and up to 4 more cars on the driveway. Enjoy all that Traditions has to offer, including the community pool, clubhouse, trails, and playgrounds. Conveniently located near downtown Wake Forest, shopping, dining, and major highways, this home truly has it all.
Source: TRIANGLEMLS #10080822
Financials
Source: TRIANGLEMLS #10080822
Source: Public records
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%. 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.
Other resourcesWhat 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.
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