1107 Farmhouse Ln, Jacksonville, NC 28546
3 beds · 3 baths · sqft sqft
Welcome to 1107 Farmhouse Lane, your dream home in the heart of Jacksonville, NC! This delightful 3-bedroom, 2.5-bathroom residence is perfectly designed for comfortable living and modern convenience. Situated in a sought-after neighborhood outside of city limits, this home offers a seamless blend of style and functionality, including a versatile flex room on the main level that can be used as an office, playroom, or formal dining space. As you step inside, you'll be greeted by a spacious open-concept living area, perfect for entertaining. The kitchen is a chef's dream, featuring a large island, pantry, and abundant storage space. Adjacent to the kitchen is a cozy dining area with direct access to a fully-fenced, spacious backyard—ideal for outdoor gatherings and relaxation. Upstairs, you'll discover a versatile loft, a convenient full bath, primary suite, and two generously sized spare bedrooms. The primary room is a true retreat, boasting an ensuite bathroom with dual vanities, a walk-in shower, and an expansive closet. The upstairs also includes a generously-sized laundry room with storage shelves already installed! With an attached 2-car garage, proximity to local amenities, and just minutes from the Camp Lejeune Piney Green gate, this Jacksonville gem offers everything you need in a home. Don't miss out—homes in this area sell fast! Schedule your private showing today and make 1107 Farmhouse Lane your next home.
Source: NORTHCAROLINAREGIONAL #100463246
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100463246
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100463246