497 Pinnacle Pkwy, Hampstead, NC 28443
4 beds · 3 baths · 2,378 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 497 Pinnacle Parkway - Spacious Living in Hampstead! This impressive home in the neighborhood of Pinnacle Ridge offers over 2,300 square feet of well-designed living space, featuring 4 bedrooms, 2.5 baths, a versatile loft/flex area, a separate dining room, a large kitchen and a living room with vaulted ceilings. Set on an expansive lot of nearly half an acre, this property provides both privacy and tranquility. Enjoy outdoor gatherings on the screened porch, under the pergola or around the built in fire pit. There's plenty of space to entertain while the kids play! Speaking of entertainment, this property includes a fully integrated Sonos speaker system with hardwired speakers indoors and six all-weather speakers outdoors- all easily operable via your tablet or smartphone. For added safety and security, the home is already equipped with a wireless alarm system including door sensors on all primary exits, a glass break sensor, motion sensors and four outdoor cameras. Additional features include an irrigation system, a generator hookup in the garage, a whole-house water softener and a Culligan reverse osmosis system for purified drinking water. The neighborhood is bordered by Holly Shelter game land, ensuring privacy and access to nature. In addition, HOA-maintained land in the neighborhood provides even more undeveloped green space and a walking trail for residents. Don't miss this opportunity to own a four-bedroom home in a desirable neighborhood in Hampstead, complete with top-rated schools and a short drive to Kiwanis Park, popular dining options, golf, and just 10 minutes from the beautiful beaches of Topsail Island!
Source: NORTHCAROLINAREGIONAL #100503212
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100503212
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.