113 Bellowing Doe Rd Hampstead, NC 28443
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About this home
Welcome to a lovingly maintained, two-story residence tucked away in the established Seven Pines neighborhood of Hampstead. This charming home offers a serene retreat with mature trees gracing the front yard and a welcoming covered porch that invites you inside. Boasting three spacious bedrooms and two full bathrooms, the layout is thoughtfully designed for both comfort and functionality, featuring a first-floor primary suite complete with dual closets. Generous room proportions allow natural light to flow effortlessly, while an abundance of countertops and cabinetry in the kitchen ensures practicality for everyday living and entertaining alike. The heart of the home is enhanced by a cozy gas-log fireplace that adds warmth and character, complementing the blend of carpet, wood, and tile flooring throughout. Upstairs, discover a versatile bonus room that adapts to your needs—ideal for a media space, home office, or playroom. The laundry room, conveniently located on the main level, adds another layer of practicality. Outdoors, the spacious backyard provides plenty of room for gardening, play, or future expansions, backed by tranquil surroundings and privacy. Built in 1988 on just under half an acre and blending private well with public water tap available, this home offers both rustic charm and modern convenience. With storage space aplenty, this home presents endless possibilities for personalization and upgrades. Don't miss your chance to make this quiet, character-filled Hampstead gem your own.
Source: NORTHCAROLINAREGIONAL #100520934
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.