8165 Millwright Ln, Charlotte, NC 28277
3 beds · 3 baths · 1,725 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this bright and spacious 2-bedroom, Office/Bonus room2.5-bathroom townhome located in the desirable Stillwater community. Ideally situated near The Bowl at Ballantyne, Stonecrest, and Blakeney, you’ll enjoy easy access to shopping, dining, and a variety of activities. The main level features a versatile bedroom or office with large windows, a laundry room, and direct access to the garage. Upstairs, the open-concept second floor offers comfortable living with a bright kitchen, dining nook, and a generous living area that opens onto a deck—perfect for entertaining. Large windows fill the space with natural light, and new Shaw LVP flooring, installed in October 2024, adds modern appeal throughout the main and second levels. The third floor includes a spacious primary suite with a walk-in closet and private bathroom, along with a secondary bedroom and full bathroom. As part of the Stillwater HOA, residents also enjoy access to a community pool and lawn maintenance.
Source: CANOPYMLS #4243696
Source: CANOPYMLS #4243696
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.