113 Blossom Ridge Dr Mooresville, NC 28117
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About this home
WELCOME HOME! Exceptional opportunity in sought after BYERS CREEK! Don't miss your chance to be located on this premiere lot across from green space with a private back yard! When you enter this bright and airy home, you will be impressed with the massive open concept great room, dining room and spacious kitchen with huge island, desk space, walk in pantry and drop zone. A bedroom and full bath on the first level makes a great office or guest room. Upstairs you will find a spacious and light filled bonus room, the primary bedroom, and 3 large secondary bedrooms all with big closets. The split floor plan separates the huge primary bedroom with en suite bathroom which includes 2 individual substantially sized closets from the other bedrooms. Outside, you will enjoy unwinding in your private fenced-in back yard that includes a built-in grill. Entire HVAC replaced in October 2024 with transferrable 10 year warranty! New hot water heater 2025! Wonderful neighborhood amenities include a playground and beautiful pool with a fountain just down the street. This immaculate home is ready for immediate occupancy! Don't wait - this home won't last long!
Source: CANOPYMLS #4309254
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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.