114 Pagoda Trl, Moyock, NC 27958
5 beds · 3 baths · 2,391 sqft
Get a free consultation call with an expert in the mortgage assumption process.
WHAT A DEAL !! ---> Major PRICE REDUCTION, 3 percent ASSUMABLE LOAN with bank approved buyer also, sellers are OFFERING CLOSING COST assistance and a 1 year HOME WARRANTY with approved offer! This well-maintained 5-bedroom, 3-bathroom home is centrally located approx. 10 minutes from the VA state line and 15 minutes from US 17 making for an easy commute. The property features a large, manicured lot, covered front porch and a back patio for outdoor activities. The open floor plan presents an elegant and spacious kitchen with island, large pantry and appliances, a formal dining room that would work great for a multipurpose room, living room with fireplace, and guest bedroom perfect for an office or playroom. The second floor offers 3 spacious guest bedrooms with large closets, a generously sized primary bedroom with en-suite bathroom featuring a separate tub and shower, double vanity, private water room and ample closet space. Additional rooms include a laundry room with washer/drying, and a full hall bathroom. No flood zone, HVAC yr. 2023, hot water heater yr. 2022, septic pumped Aug 2024. Do not miss your opportunity! Make your call today to schedule a tour.
Source: NORTHCAROLINAREGIONAL #100497889
Source: NORTHCAROLINAREGIONAL #100497889
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.