1203 Santa Lucia Rd, New Bern, NC 28560
3 beds · 2 baths · 1,404 sqft
This charming ranch home, recently updated, is ready for its new owners to move in! Located in the gated Fairfield Harbour Community, just minutes from Downtown New Bern, this 3-bedroom, 2-bathroom home offers comfort and convenience. As you step inside, you'll be greeted by a bright foyer that flows into the spacious living room. The vaulted ceilings create a sense of openness, while the brick fireplace serves as a beautiful focal point. The kitchen is designed for functionality, featuring ample cabinetry (with new fronts and hardware), plenty of countertop space for meal prep and serving, and updated appliances. The refrigerator is included. A cozy breakfast nook sits off the kitchen, with a large picture window that fills the space with natural light. Adjacent to the kitchen is a laundry/mudroom with newly installed cabinetry for additional storage, plus convenient access to the garage. The open dining room features a large bay window, perfect for enjoying views of the outdoors. Sliding glass doors lead to a 159-square-foot enclosed porch, offering a peaceful retreat with a portable heating and cooling unit. The primary bedroom includes two closets and a private ensuite bathroom. Two additional generously sized bedrooms share a full hall bath. The entire home has been freshly painted, and new LVP flooring has been installed throughout the living, dining, and bedroom areas. A new HVAC system recently installed. Additional features include a side-entry two-car garage, a storage shed in the backyard, and an updated, move-in-ready layout. Don't miss the opportunity to make this lovely home yours!
Source: NORTHCAROLINAREGIONAL #100490108
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100490108
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.