7034 Pin Oaks Dr, Denver, NC 28037
3 beds · 2 baths · 2,152 sqft
Tucked away on a peaceful cul-de-sac and set on 1.79 acres, this stunning 3-bedroom, 2-bathroom home is the perfect blend of privacy and luxury. Backing up to a nature preserve, you’ll love unwinding by the inground saltwater pool or just relaxing on the screened-in porch. Inside, the 10-ft ceilings, gas fireplace and an open floor plan create an inviting space for entertaining. The kitchen features granite countertops, stainless steel appliances, double wall ovens, gas cooktop, and a spacious island, making it the heart of the home. The expansive owner’s suite offers a trey ceiling, two walk-in closets and tiled shower with seamless glass. Built in 2017, this home combines modern comfort with natural beauty. Don’t miss out— schedule your private tour today! Seller is the listing agent.
Source: CANOPYMLS #4231755
Financials
Source: CANOPYMLS #4231755
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.