6033 Santee River Way Belmont, NC 28012
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About this home
Beautiful Two-Story Home on a Quiet Cul-de-Sac! This spacious home backs up to a peaceful natural area, offering privacy and a relaxing setting. The front porch features a generous seating area, and the covered back porch overlooks a fenced backyard—great for outdoor living. The main level includes a formal dining room, a butler’s pantry, and a kitchen that opens to the breakfast area and large living room with an electric fireplace. Surround sound speakers are discreetly located in the ceiling located throughout the first floor. There is also a dedicated office on the main floor and a drop zone conveniently located by the garage entry. Upstairs you’ll find 4 bedrooms, including a primary suite with an en-suite bath. A separate flex room provides extra space for a second living area, playroom, media room, or gym. Numerous upgrades throughout add comfort and function. Located just minutes from McAdenville & Belmont. A concession will be given in the amount of $1,623 to replace the glass in the sliding glass door. We already received a quote from company who will replace it.
Source: CANOPYMLS #4299924
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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.