355 N Fisherman Ln Salisbury, NC 28146
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About this home
Welcome to your dream waterfront retreat on High Rock Lake! This stunning custom-built 3-story home, completed in 2012, offers exceptional lakefront living with an open floor plan and beautiful upgrades throughout. Step inside to a breathtaking two-story great room with an upstairs balcony overlooking the main level, creating the perfect space for gatherings. The primary suite on the main floor provides convenience and privacy, featuring a newly replaced Jacuzzi tub and a private laundry room just steps away. Upstairs, you’ll find spacious bonus rooms/bedrooms along with a walk-in attic for incredible storage. The finished basement offers endless possibilities—complete with a bar area and plenty of room for a second living quarters, entertainment space, or guest accommodations. Outdoor living is where this home truly shines! Enjoy lake life with your new dock and pier (2021), pontoon lift, and a brand-new deck installed in Spring 2025. Relax in the 2024 hot tub overlooking the water and take in the peaceful surroundings. Additional highlights include: • All appliances replaced and will convey • Tons of storage throughout the home • Waterfront views from multiple levels This home is the perfect Christmas present for the whole family—a place to make memories, enjoy lakefront living, and start the new year in your own waterfront paradise. Start living the High Rock Lake lifestyle today!
Source: CANOPYMLS #4322697
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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.