114 Mendover Dr, Jacksonville, NC 28546
3 beds · 3 baths · sqft sqft
Your country oasis awaits! Situated on 1.6 acres in the established Timber Creek neighborhood, this unique home offers a private wooded lot with a fully fenced backyard. Enjoy the freedom of no HOA fees or city taxes, and take advantage of outdoor spaces perfect for a variety of activities. Cool off on hot summer days with a swim in the above-ground pool featuring an attached deck, cultivate your green thumb in the enclosed garden with raised planter beds, or gather around the fire pit for s'mores with friends. There is even a play area for little ones and a custom coop and run for your furry companions! 114 Mendover Drive is a two-story home featuring 3 bedrooms, 2.5 bathrooms, and over 1,900 heated square feet. It includes a two-car garage and an additional paved parking space for your third vehicle or guests. Step inside through the covered porch to an inviting floor plan with low-maintenance flooring. The cozy living room, complete with a fireplace, flows seamlessly into the formal dining room and kitchen. The kitchen boasts ample storage, stainless steel appliances, a casual dining area, and direct access to a spacious enclosed sunroom, offering extra living space to enjoy year-round. Upstairs, you'll find all three bedrooms and two full bathrooms, including the master suite with a quaint extra seating area, and a luxurious soaking tub. This home comes with recent upgrades, including Sunnova solar panels for energy efficiency, newly installed deck railing, a fully enclosed 6-foot privacy wood fence, a new vinyl pool liner with a 15-year warranty, and freshly painted kitchen cabinets. Don't miss this rare find—schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100476471
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100476471
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: #100476471
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.