1313 Clendon Cir, Leland, NC 28451
3 beds · 2 baths · sqft
The Kerry Model by D.R. Horton is located in the Hazel Branch Neighborhood of Brunswick Forest. This 3 bedroom/2 bath split floor plan home contains many upgrades including plantation shutters, window screens, ceiling fans, bathroom fixtures, and stone backsplash in the kitchen. With LVP flooring in the main living areas, the open floor plan features a corner fireplace and backyard view from the living room. Recessed lighting highlights the kitchen's shaker style cabinetry, pantry closet, granite countertops and island with counter height seating. The primary bedroom includes a walk-in closet and en-suite bathroom with dual vanity and walk-in shower. The two additional bedrooms share a second bathroom with a large vanity and a shower/tub combination unit. A black aluminum fence encloses the backyard for privacy. The home also provides ''Smart Home Technology'' including an Alexa Dot, Z-Wave Thermostat, a Skybell video doorbell, and a smart-hub touch screen interface that are all connected to an app for ultimate connectivity. Features of Brunswick Forest include: three outdoor pools, one indoor pool, hot-tub, Fitness & Wellness Center, two cardio/weight rooms, tennis courts, basketball & pickleball courts, Hammock Lake, walking trails, parks, playground, dog park, a kayak launch and meeting rooms. The Villages of Brunswick Forest is a commercial area with restaurants, shopping, and medical facilities. Only a short ride to historic downtown Wilmington or New Hanover County & Brunswick County beaches. Easy access to I-140 & I40.
Source: NORTHCAROLINAREGIONAL #100466044
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100466044
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: #100466044
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.