518 Hampton Crest Ct, Fuquay Varina, NC 27526
4 beds · 3 baths · 2,544 sqft
Don't miss this stunning home with double front porches that exude classic Southern charm and elevate curb appeal. Step inside to a wide entry foyer with elegant custom millwork, leading to a spacious family room filled with natural light and featuring a cozy gas log fireplace. The gourmet kitchen is a dream, complete with a large island, sleek white cabinetry, a gas range, and seamless flow into the breakfast nook and family room—perfect for entertaining. A private home office with stylish glass French doors makes working from home a breeze. A guest bedroom and full bath on the first floor add convenience and flexibility. Upstairs, the primary suite is a true retreat, boasting a tray ceiling, a spa-like luxury bath with a tiled shower, separate vanities, and a large walk-in closet. Two additional spacious bedrooms, a full bath with double sinks, and a versatile loft area offer plenty of functional space. Start your mornings with coffee on the upper porch or unwind on the oversized rear patio. Plus, enjoy the extra storage and parking of a three-car garage. Schedule your tour today—this one won't last long
Source: TRIANGLEMLS #10084789
All values shown are estimated costs / mo.
Source: Public records
Source: TRIANGLEMLS #10084789
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 of Equal Opportunity Act.