99 E Porthaven Way, Clayton, NC 27527
3 beds · 3 baths · 1,600 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Discover the charm of this like-new 3-bedroom, 2.5-bath end-unit townhome. The open floor plan is filled with natural light, highlighting the upgraded luxury vinyl plank flooring throughout. The main level and primary suite are adorned with elegant crown molding. The oversized owner's suite features a cozy sitting area, a spacious walk-in closet, and a luxurious bathroom with marble countertops, a walk-in shower, and a private water closet. The modern kitchen is equipped with quartz countertops, a large island with a breakfast bar, a farmhouse sink, a gas stove, and a pantry. The dining room flows seamlessly into the inviting living room. Upstairs, the hall bath includes an upgraded vanity matching the kitchen's aesthetic. Additional storage is available with a 1-car garage and an exterior storage area. Enjoy your mornings on the covered front stoop or unwind on the backyard patio. Plus, the backyard offers tons of flex space, perfect for various outdoor activities or personal projects. Conveniently located close to everything Clayton has to offer, this beautiful townhome is ready for you to call it home.
Source: TRIANGLEMLS #10078888
Source: TRIANGLEMLS #10078888
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.