101 Rivendale Dr, Jacksonville, NC 28546
4 beds · 4 baths · sqft sqft
Welcome to this stunning Bungalow Home, poised on a generous .89-acre corner lot in a prime location. This exquisite property boasts 3686 sq ft of beautifully designed living space featuring 4 bedrooms and 3.5 bathrooms, creating the perfect blend of charm and functionality. Step onto the gorgeous front porch, an ideal setting for relaxing evenings and social gatherings. Inside, the expansive master suite on the main level offers luxurious accommodations including a vintage soaking tub, step-in shower, and spacious walk-in closet. The upper level houses three additional bedrooms and two full baths, ensuring ample privacy and comfort for family and guests. Entertain in grand style in the formal dining room or prepare gourmet meals in the large kitchen equipped with white cabinetry, a center island, solid surface countertops, and high-end stainless appliances. Details like a tile backsplash, pot filler, and farm-style apron sink add a touch of elegance. The breakfast room adjacent to the kitchen offers a cozy dining space, while the remarkable millwork, including 5.75-inch baseboards and box panel molding throughout the first floor, embellishes the home with sophisticated flair. Enjoy leisurely moments in the living room with its inviting fireplace or unwind in the sun-drenched porch. The property also features a vast movie/theater room, main-level laundry, and a butler's pantry with extensive cabinetry. Outside, you can take advantage of the newly constructed shed/workshop, extended parking, and the possibility to add a detached garage as approved by the HOA. Exclusively subject to county taxes and located just a few miles from Piney Green gate of Camp Lejeune, 30 minutes from Swansboro, and 45 minutes from Emerald Isle Beach, this home is not just a residence but a lifestyle offering.
Source: NORTHCAROLINAREGIONAL #100452185
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100452185
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #100452185
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.