545 Hadlow St, Fuquay Varina, NC 27526
4 beds · 3 baths · 3,132 sqft sqft
Wow, this gorgeous 3132 sq. ft 3 story 4 bedroom 2.5 bathroom home is located in the Summerdale subdivision of Fuquay Varina. Quick walk to downtown area! This corner lot home boasts a 2 car garage with a built in 14-50 NEMA outlet to charge an electric vehicle! Enjoy working from home in the office nook located next to the elegant formal dining room with hardwood flooring and decorative wainscotting. Open concept living room has a gas fireplace, built in book nooks and breakfast area. Kitchen features stainless steel appliances, white wooden cabinetry and a stunning glass doors for the pantry! 2nd floor features 4 carpeted bedrooms. Enter through the French doors to access the master bedroom. Tray ceiling and accent light compliments the beauty and size of the master bedroom. Master bathroom features dual vanity cultured marble countertops, walk in shower and separate soaker tub. Primary closet has custom built in shelving to enhance your closet storage experience. 3rd floor is the perfect flex space. Use it as a rec room or a theater room. Had a tough day working from home? Easily relax in the screened porch or grill out on the oversized patio. Fenced yard is perfect for pets. Each floor is individually climate controlled. Washer/Dryer and Refrigerator can stay!
Source: TRIANGLEMLS #10050940
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10050940
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10050940