109 Stillbrook Ct, Jacksonville, NC 28540
3 beds · 3 baths · sqft
Welcome to 109 Stillbrook Court! This 3-bedroom, 2.5-bathroom home offers a unique blend of energy efficiency, modern updates, and functional living spaces. With a whole-home solar system that virtually eliminates your power bill, you'll enjoy significant savings every month. The home features a thoughtful split level floorplan, providing privacy for the bedrooms while maintaining an open and inviting flow throughout. In addition to the bedrooms, there's a dedicated office space, perfect for remote work or study. Key updates include modern flooring, new appliances, a new septic system installed in late 2023, a new moisture barrier installed in 2021, new ductwork installed in 2021, and a new HVAC system installed in June 2024. The extended driveway offers ample parking, and the detached garage/workshop provides extra storage or workspace for hobbies and projects. Cozy up by the wood burning fireplace on cool evenings or step out onto the back porch to enjoy your fenced-in yard—ideal for pets, outdoor activities, or gardening. Additionally, this home comes with an assumable VA loan at an incredible 3.49% interest rate, making it an attractive option for qualifying buyers. The sellers spared no expense getting this house ready to be your forever home. Don't miss out on this well-maintained, feature-packed home. Schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100468219
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100468219
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: #100468219
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.