111 River Reach Dr W, Swansboro, NC 28584
3 beds · 2 baths · 1,643 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 111 River Reach Dr W, a beautifully updated home in Swansboro, NC! This stunning property has undergone a complete transformation, offering a perfect touch of modern elegance! Step inside to discover an open and inviting living space featuring brand-new LVP flooring throughout the main areas, and plush new carpet in the bedrooms. The updated kitchen boasts brand-new appliances, perfect for preparing meals and entertaining guests! The bathrooms have both been thoughtfully remodeled with stylish new tile, providing a spa-like experience right at home! The home has also been upgraded with a new roof, new HVAC system, and a fresh coat of paint, ensuring years of worry-free living! Enjoy the updated outdoor spaces, including new deck boards on both the front porch and screened patio, perfect for relaxing or hosting gatherings. Fenced-in backyard with a small firepit provides both privacy and a great space for outdoor entertaining! All while the garage floor being freshly epoxied! Additional updates include newly stained wooden shutters, adding a touch of character and curb appeal to the exterior. With HOA fees of just $181 annually, enjoy the benefits of a well-maintained community with access to a community boat ramp! Don't miss your chance to own this beautifully renovated home in one of Swansboro's most desirable neighborhoods! Schedule your private showing today!
Source: NORTHCAROLINAREGIONAL #100493257
Source: NORTHCAROLINAREGIONAL #100493257
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 and Equal Opportunity Act.