145 Alston Ave, Newport, NC 28570
3 beds · 3 baths · sqft
BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER. Ready for a lil' front porch sittin'? This one is sure to please! Ideal location just off 24, she is move in ready and looking for her new owner. Sprawling front porch! Beautiful real Hardwoods and a stately brick gas fireplace greet you upon entry to the living/ family room. Crisp tile floors just make sense in the open dining and kitchen area. Kitchen complete with, granite countertops, tile backsplash, stainless steel appliances, and kitchen island with bar seating. Master located downstairs for your convenience! Master bath includes double vanity, soaking tub and standup shower. The laundry/ half bath combo and generous size storage room are located just off of the kitchen downstairs also for easy storage access. Upstairs, you'll find two large bedrooms, measuring 12x21 and 13x18 and a full bath. Home is complete with hurricane storm shutters and a whole house generator. Outdoor living made easy on the screened in back patio, deck, and a sun room! All of this on almost a half acre of land. Septic pumped October 2024. Perfect location across from Broad Creek Middle School and 5 minutes to Croatan or Bogue Sound elementary. Easy 15 mins to Morehead City or the beach! Easy drive to MCAS Cherry Point or Camp Lejeune. No city taxes and no HOA! Come take a look! **Seller offering $3,000 use as you choose!
Source: NORTHCAROLINAREGIONAL #100465448
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100465448
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: #100465448
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.