855 Linden Rd, Pinehurst, NC 28374
5 beds · 5 baths · sqft
Centered in Pinehurst, this beautiful French Country luxury home sits on a 2.99 acre lot and boasts a saltwater in-ground pool and separate accessory dwelling featuring approx. 952 sq.ft of living area. With just over 4700 sq.ft. of living space in the main house, this impeccably maintained home offers fine finishes and architectural details, inside and out. The exterior delivers a gorgeous brick and stone design. Step through the front door and enter a bright and open home plan. The foyer and formal dining room opens to a large family room with stone, gas log fireplace, and offers beautiful views and access to the outside pool and patio area. This home offers 8 ft. interior doors, crown molding, as well as tray ceilings, coffered-ceiling in the family room, and hardwood floors throughout. The spectacular gourmet kitchen has beautiful cabinetry, granite countertops, large island w/breakfast bar, Bosch stainless steel appliances, Zline, six-burner gas range and stove and large walk-in pantry. A secluded master suite features a spacious bedroom, large walk-in closet, en-suite bath with his and her vanities, walk-in tiled shower with rain-shower head, freestanding soaking tub, and tile flooring. The main level also includes a spacious formal living room/den, two guest bedrooms with a shared bathroom, and a third bedroom with an en-suite bath. The upper level has a large bonus room/bedroom with en-suite bath and walk-in closet, as well as an office nook. This level also houses a large walk-in attic storage space. An oversized three-bay, mini-split conditioned garage offers space for a workshop with custom wood cabinets. Other features include sealed crawl space with dehumidifier and tankless water heater. A 2 BR/1 BA accessory dwelling on the property has a large family room, custom kitchen with granite countertops and separate one stall mini-split conditioned garage. The backyard pool and entertainment area is fenced with wrought iron fence and beautiful landscaping.
Source: NORTHCAROLINAREGIONAL #100474617
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100474617
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.
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.
MLS ID: #100474617
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.