1519 Judith Dr SE, Bolivia, NC 28422
3 beds · 3 baths · 2,051 sqft
Welcome to this charming 3-bedroom, 2.5-bath home located in the highly desirable New South Bridge community. This beautifully maintained home offers an ideal blend of comfort, style, and functionality with an open-concept layout, modern finishes, and thoughtful design throughout. Step inside to a bright and airy living space featuring soaring ceilings, abundant natural light, and a cozy fireplace. The kitchen is a chef's dream with sleek white cabinetry, stainless steel appliances, a large island with bar seating, and a seamless connection to the dining area—perfect for both everyday living and entertaining. The first-floor primary suite provides a private retreat with a walk-in closet, dual sink vanities, and direct access to the covered patio. Upstairs, you'll find two generously sized bedrooms and a full bathroom, ideal for guests or family. Enjoy outdoor living in the fully fenced backyard complete with a covered patio, extended seating area, and a storage shed. It's the perfect setup for relaxing evenings, grilling, or morning coffee. Located just minutes from Oak Island and Southport, this home also gives you access to fantastic neighborhood amenities including an outdoor community pool and a walkable 9-hole golf course. Bonus: This property offers an assumable loan option, providing a unique opportunity for buyers seeking favorable financing. Don't miss your chance to live in one of Bolivia's most welcoming and well-located communities. Buyer is responsible for verification.
Source: NORTHCAROLINAREGIONAL #100497987
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: NORTHCAROLINAREGIONAL #100497987
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.