VA
Active
38$330,000$13,839 equity gap
- Rate
- 3.85%
7.40%today- Payment
- $1,617/mo
$2,389today
- 3beds
- 3baths
- 2,000sqft
Broadway, North Carolina
Assumable homes for salein Broadway, North Carolina.
9 homes in Broadway carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.79%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Broadway assumable market
by the numbers.
9active assumable listings
2.79%lowest locked rate
$319kmedian list price
$600saved per month vs. 7.2%
About the market
Assumable mortgagesin Broadway, explained.
Every number on this page comes from the live MLS feeds UMe indexes for North Carolina, filtered to Broadway. Updated October 2026.
How assumptions work for buyersBroadway, North Carolina has 9 homes for sale with an assumable mortgage as of October 2026: 5 FHA loans and 4 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Broadway assumable listings start at 2.79% with a median of 5.04%; 3 listings are under 4% and 4 are under 5%.
The median assumable home in Broadway lists for $318,900, with a median of $103,666 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,091 a month versus $1,691 for the same balance at today's rate, roughly $600 kept every month and $7,204 a year. The most active Broadway ZIP codes are 27505 (9).
UMe confirms the balance, rate, and assumability of each listing with the listing agent before marking it Certified. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Broadway assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Broadway
View all 9 on the map Homes on the marketin Broadway.
FHA
Active
27$260,000$59,082 equity gap
- Rate
- 2.65%
7.40%today- Payment
- $930/mo
$1,598today
- 3beds
- 2baths
- 1,771sqft
325 Laws Road, Sanford
VA
Active
50$339,900$68,816 equity gap
- Rate
- 2.86%
7.40%today- Payment
- $1,263/mo
$2,112today
- 4beds
- 3baths
- 2,218sqft
180 Vail Court, Sanford
VA
Active
50$370,000$94,488 equity gap
- Rate
- 2.93%
7.40%today- Payment
- $1,299/mo
$2,153today
- 4beds
- 3baths
- 3,085sqft
85 Fleetwood Court, Lillington
VA
Active
47$369,900$97,911 equity gap
- Rate
- 2.95%
7.40%today- Payment
- $1,286/mo
$2,125today
- 4beds
- 4baths
- 2,595sqft
206 Timberline Drive, Sanford
VA
Active
46$335,000$73,736 equity gap
- Rate
- 2.99%
7.40%today- Payment
- $1,269/mo
$2,087today
- 4beds
- 3baths
- 2,777sqft
116 Hopeland Drive, Lillington
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Broadway.
Live counts from the MLS feeds we index for North Carolina. Updated October 2026.
- Active listings
- 9
- UMe Certified / verified
- 0
- Lowest rate
- 2.79%
- Median rate
- 5.04%
- Median list price
- $318,900
- Median cash to assume
- $103,666
Broadway listings by locked rate
- Under 4%3 homes
- 4% – 5%1 home
- 5% – 6%2 homes
- 6% and up3 homes
Broadway listings by loan type
- FHA5 homesmedian 5.04%
- VA4 homesmedian 5.10%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Broadway ZIP code.
Each ZIP opens the Broadway map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
Run the Broadway numbers
What an assumable ratedoes to a Broadway payment.
The sliders start at the median Broadway assumable listing: $318,900 list price and a 5.04% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$105,000
33% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Broadway
$1,239/mo
New loan at 7.20%$1,459
Assumed at 5.05%
$1,239
Every month$220
Over five years$13,222
Interest you never pay$138,80726-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Broadway listing on UMe shows the actual balance, rate, and payment.
How it works in Broadway
How to assumea mortgage in Broadway.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Broadway home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Broadway map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $103,666 in Broadway today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Broadway payment written in a different decade.
Broadway questions
Assuming a mortgagein Broadway.
The numbers below come from current Broadway inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Broadway?
As of October 2026, UMe tracks 9 active assumable listings in Broadway. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Broadway?
Current Broadway inventory breaks down as FHA (5, median 5.04%) and VA (4, median 5.10%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Broadway?
The lowest rate on an active Broadway assumable listing is 2.79%, and the median across all 9 listings is 5.04%. 3 listings are under 4% and 4 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Broadway?
Across current Broadway listings, the median principal-and-interest payment on the assumable loan is $1,091 per month versus $1,691 for the same balance at today's rates, a difference of about $600 every month, or $7,204 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Broadway?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Broadway that gap is currently a median of $103,666 on a median list price of $318,900. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Broadway ZIP codes have the most assumable homes?
The Broadway ZIP codes with the most active assumable listings are 27505 (9). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Broadway?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of North Carolina More assumable homesin North Carolina.
Ready when you are
Stop overpaying for Broadway.The rate is already on the house.
Every listing on the Broadway map has a rate you can take over. Start with the ones in Broadway, get pre-qualified in minutes, and let UMe carry the assumption to closing.
