1416 Sandybrook Ln Wake Forest, NC 27587
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About this home
Wake Forest Luxury Home with a 2.25% Assumable VA Loan — One of the Best Financing Opportunities in America!! Welcome to 1416 Sandybrook Ln, a modern 2021 luxury home in the sought-after Hasentree community. Featuring a rare 2.25% assumable VA loan, this one-of-a-kind opportunity could save the next homeowner hundreds of thousands over the life of the mortgage (available to qualified buyers; military service not required). Now offered at $924,000, this 3,400 sq ft home on 0.61 acres blends elegance, comfort, and function. The open-concept floor plan is filled with natural light, designer finishes, and luxury vinyl plank flooring. The chef's kitchen boasts a massive quartz island with built-in storage, double ovens, and a custom walk-in pantry. The main-level primary suite includes a spa-style bath and a large custom walk-in closet. A home office, mudroom, laundry room, and half bath complete the main floor. Upstairs features three spacious bedrooms with walk-in closets, a large media room, bonus room, and two full bathrooms. Step outside to your private backyard retreat with a stone patio, hot tub, and wooded backdrop—perfect for entertaining or unwinding. A fully fenced yard and three-car garage add convenience and functionality. Hasentree offers world-class amenities: Tom Fazio golf course, sparkling aquatic complex with competition & zero-entry kiddie pools plus a thrilling water slide, fitness center, tennis & pickleball, walking trails, and clubhouse dining. Priced below the neighborhood median, this move-in-ready home combines luxury, lifestyle, and unmatched financial advantage. Schedule your showing today and discover why this Hasentree property with a 2.25% assumable VA loan is one of the most compelling opportunities in Wake Forest!
Source: TRIANGLEMLS #10123874
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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.