125 Hilda Dr, New Bern, NC 28562
4 beds · 3 baths · sqft sqft
Centrally located between New Bern and Cherry Point in the Creekside Elementary School District, this 4Bd, 2.5Ba Forest Run home features great space to entertain both inside and out! With many updates over the last couple of years that includes a tankless natural gas water heater, newer heat pump and updated kitchen, this home is ready for a new owner. As you step inside the home from the rocking chair front porch, notice the large living room and great flow of the home. The updated kitchen includes ample cabinet space, newer S/S appliances including a natural gas stove, granite counters and stone backsplash. The enclosed back porch is currently used as a bar and entertaining area. The graciously sized master suite has includes a nice walk-in closet, dual vanities and cathedral ceilings. The two guest rooms and large bonus room give great space for loved ones, hobbies or work space. As you step on the huge deck that overlooks the farming fields behind the home, you will notice space to enjoy the wonderful ENC weather. The screened porch is a great space to relax or host while the fenced in backyards gives room for gardening or space to play. The 16x16 shed in the backyard gives extra room for tools and toys and does have electricity to it to make a great workshop. The additional parking allows room to park the boat or RV and the 50amp service keeps the RV powered. A brand new roof is set to be installed soon on the house so know that you can move in with the comfort knowing all the major components of the home are newer! Ten minutes to historic downtown New Bern, 45minutes to the ocean and a just a few minutes to the Croatan National Forest, this home could not have a much better location. No City Taxes and a friendly, active neighborhood are additional bonuses to this wonderful home. Contact us today for your private showing!
Source: NORTHCAROLINAREGIONAL #100475215
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100475215
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: #100475215
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.