106 Broken Oak Ct, Jacksonville, NC 28540
4 beds · 3 baths · 1,966 sqft
Location, location, location! This spacious home is located just outside the city limits of Jacksonville, so you get all the convenience of city center, with none of the city taxes. Nestled at the end of a cul-de-sac in an established subdivision, you don't have to worry about excessive drive by traffic or speeding vehicles. When you enter this warm home, you're greeted by the foyer, with wainscoting and low maintenance plank flooring. To your right, the wainscoting continues into the spacious living room with laminate flooring. At the back of the home you'll find the updated kitchen, with bar seating, stainless appliances, apron sink, tile backsplash, and solid surface countertops. There are two dining spaces to choose from, a breakfast nook and a formal dining room. The downstairs also features a half bath and the laundry closet. Upstairs you'll find four bedrooms and two full bathrooms. The primary bedroom is more than spacious enough to fit a king size bed, and it boasts a private full bath with double vanity, walk-in closet, and separate water closet for the toilet and shower. The fourth bedroom over the garage is also quite large and full of possible uses for the space! The back yard is perfect for entertaining or enjoying the cool Carolina evening. There is a two tiered deck, one offering built in benches and the other a gazebo. There's also a patio grilling area with bar seating. The yard is partially fenced and has lots of room to run around. This home has so much to offer! Schedule your personal tour today!
Source: NORTHCAROLINAREGIONAL #100496485
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100496485
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.