6409 Oak Grove Church Rd Stedman, NC 28391
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About this home
Your Own Slice of Country Paradise Awaits!Nestled on just over 2 acres of equestrian-friendly land, this charming 3-bedroom, 2-bathroom home offers the perfect blend of comfort, space, and peaceful rural living. From relaxing on the covered front porch to exploring your private pasture and arena, this property invites you to slow down and savor the serenity of country life.Inside, you'll find an open floor plan designed for both everyday living and entertaining. The stunning kitchen boasts granite countertops, stainless steel appliances, a tile backsplash, and abundant cabinetry—all opening seamlessly into a cozy living room with a fireplace, perfect for chilly evenings or family gatherings. A formal dining area connects the kitchen and living space, offering the ideal setting for holiday meals or dinner parties.The main-level primary suite is a true retreat, featuring direct access to the covered patio, a spacious en-suite bathroom with double vanity, separate shower, and a luxurious 6' soaking tub. The split floor plan includes two additional bedrooms and a full guest bath, while upstairs, a versatile bonus room serves perfectly as a home office, creative studio, or optional fourth bedroom.Additional highlights include:Main-floor laundry roomAttached two-car garageTwo-stall shed-row barn with enclosed tack roomFenced pasture and riding arenaPlenty of open space for gardening, recreation, or future expansionAnd to top it all off, the seller is offering a $3,000 cosmetic allowance, giving you the chance to personalize your new home to your taste! Don’t Miss This Rare Opportunity! Take advantage of the sweet 2.75% interest rate through a VA assumption. Must be willing to substitute entitlement.Where functionality meets charm in a tranquil countryside setting you’ll love to call home.
Source: TRIANGLEMLS #LP751638
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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.