1609 Lucerne Way, New Bern, NC 28560
4 beds · 3 baths · 2,871 sqft
This gorgeous house located on a corner lot in the desirable Degraffenried Park is waiting for you to call it home. Well-maintained, this home offers windows and an open floor plan that provide this home with lots of natural light. Entering the foyer, to the right is the formal living room with gas fireplace and beautiful surround detail. Enjoy morning coffee on the adjacent screened porch overlooking the manicured side yard. Back in the home, you will enter the formal dining room, perfect for family dinners. The kitchen, with stainless appliances, custom cabinets, and a kitchen island with raised bar is the perfect place for entertaining friends. The kitchen overlooks the spacious living room and breakfast nook area. There is also extra space for a coffee bar or small office space overlooking the backyard. The generous laundry room includes a nice-sized storage closet and full bath perfect for rinsing off after working in the yard. Rounding out the downstairs are two bedrooms with double closets and full hall bath. Heading upstairs, you will find the most amazing master suite. This spacious suite includes a walk-in closet, dressing room, and double doors leading to the master bath complete with soaking tub, tile shower, and double vanities. There is also a 4th bedroom upstairs perfect for a nursery, exercise room, or office. Storage in this home is not a problem! This home features a walk-in attic perfect for stowing away non-essential items easily. Out the back door, take the stone path to the patio, the perfect place for an afternoon beverage. This home is centrally located to historic downtown New Bern, shopping, and medical offices. You can easily access Hwy 70 for commutes to Cherry Point or the beautiful Crystal Coast.
Source: NORTHCAROLINAREGIONAL #100483800
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100483800
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.