3736 Us 21 Hwy, Hamptonville, NC 27020
5 beds · 3 baths · sqft
Welcome to your dream home! This stunning 2001 custom-built 3BR/3BA brick residence is tucked away on 6.5 acres, complete with its own stream. Enjoy the convenience of one-level living featuring soaring 10-foot ceilings that enhance the spaciousness of the open layout. The heart of the home boasts a beautiful stone gas log fireplace. The kitchen is complete with granite countertops, ample cabinet space, and a breakfast bar that opens to the great room—ideal for entertaining. A separate dining room adds elegance for formal meals. The master bedroom has trey ceilings and layered moldings, while the en-suite bathroom is complete with garden tub, separate shower and dual sink vanity. Additional highlights include a full finished basement offering endless possibilities, laundry room and a large patio where you can relax and take in the natural surroundings. Don’t miss your chance to own this exceptional property that combines comfort, style, and the beauty of nature! Schedule a visit today!
Source: CANOPYMLS #4195523
Interest rate and monthly payment estimated based on public records.
Source: CANOPYMLS #4195523
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: #4195523
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.