7124 Hinman Ln, Apex, NC 27539
4 beds · 4 baths · 2,958 sqft sqft
If you're looking for a spacious, thoughtfully designed home in a warm, nurturing community, 7124 Hinman Lane is the perfect choice. Step into comfort and style, in this a beautifully crafted home nestled in the heart of Apex, NC. A thoughtfully designed residence offering the perfect blend of modern amenities and cozy charm. With nearly 3,000 square feet of living space, the home features four bedrooms and four full bathrooms, providing ample room for living and hosting guests. Inside, the inviting living area features a fireplace, beautiful hardwood floors, and large windows that let in an abundance of natural light. The first-floor bedroom offers a convenient space for visitors or a private home office. A functional kitchen with rich dark wood cabinets, sleek granite countertops, an oversized walk-in pantry, make meal prep a joy. Outside, the screened-in porch offers a peaceful retreat, surrounded by lush trees for added privacy—a perfect spot to enjoy your morning coffee or unwind in the evening. An impressive primary suite, a retreat all in itself with an oversized bedroom, spacious walk-in closet, perfect for all your wardrobe needs, and a luxurious en-suite bathroom complete with a soaking tub for ultimate relaxation, along with sleek dual vanities. Lots of additional spaces with a second floor sitting room and third-floor bonus room give you extra versatile spaces that can adapt to your needs. Located in a sought-after subdivision The Park at West End, this home provides easy access to top-rated schools and offers the option to enjoy a community pool for an additional fee, adding even more appeal to this welcoming neighborhood. Priced competitively, this home offers outstanding value for those looking for a place to grow and create lasting memories.
Source: TRIANGLEMLS #10057883
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #10057883
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: #10057883