8830 Beaver Creek Dr, Charlotte, NC 28269
5 beds · 3 baths · 2,741 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Less than 0.4 mile to shops, dinning and grocery! This beautifully updated 4 bedroom home features a huge primary suite on the main level with a large bay window and walk-in closet! Work from home in the office and entertain on the covered front porch or back patio. As a smart home, this property comes equipped with a keypad entry, security system and a Samsung appliance suite. The homes offers tons of storage and the additional comforts of a cozy gas fireplace. The home also features dual HVAC systems (installed in 2021 with a 10-year warranty) and upgraded kitchen appliances, making it truly move-in ready. The 2 car garage is a spacious 480 sqft. A fantastic location with easy access to dining and shopping. Fresh paint throughout and brand new carpet. Yard goes beyond the retaining wall with many possibilities!
Source: CANOPYMLS #4233307
Source: CANOPYMLS #4233307
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.