119 Barnhouse Rd, Jacksonville, NC 28546
3 beds · 3 baths · sqft
Prepare to be captivated by the curb appeal of this stunning home, from the inviting front porch to the custom landscaping. Offering over 1,686 heated square feet, the sought-after Chelsea floor plan by Atlantic Construction is designed with both style and functionality in mind. Step into the welcoming foyer and discover the adjoining dining room, perfect for hosting family gatherings or dinner parties. The spacious living room, illuminated by natural sunlight and anchored by a cozy electric fireplace, flows seamlessly into the kitchenâ€''a true entertainer's dream. Featuring a large island, ample cabinet space, and stainless steel appliances, including a side-by-side refrigerator with water and ice in the door, built-in microwave, electric oven, and dishwasher, this kitchen is both stylish and functional. The luxurious primary suite is a true retreat, featuring elegant trey ceilings, a spa-like bathroom with a soaking tub, separate shower, and double vanity, along with a walk-in closet that provides abundant storage. Additionally, the suite includes a bonus room, perfect for a home office, nursery, or sitting area. Upstairs, you'll also find a convenient laundry room, making everyday chores a breeze. Additional features include a 2-car garage and a private backyard with a charming patio, perfect for outdoor relaxation or entertaining. Located just moments from shopping, dining, entertainment, and Marine Corps Base Camp Lejeune, this home offers the perfect blend of convenience and charm. Schedule your tour today and fall in love with Waters Farm!
Source: NORTHCAROLINAREGIONAL #100476449
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100476449
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: #100476449
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.