1810 Paulette Rd, Morehead City, NC 28557
3 beds · 2 baths · 1,331 sqft
Welcome to 1810 Paulette Road in beautiful Morehead City, NC! This charming 3-bedroom, 2-bathroom waterfront home sits on over half an acre along the serene shores of Oilles Creek, offering water views and peaceful living. As you arrive, you'll appreciate the paved driveway leading to a one-car garage and a welcoming covered front porch. The home features a durable metal roof and a recently updated HVAC system for worry-free comfort. Step inside to find a bright foyer that opens to a formal dining area on your right, perfect for hosting family gatherings. The home boasts of LVP flooring throughout most of the living spaces. The spacious living room is highlighted by vaulted ceilings and expansive windows that frame views of the inviting backyard. The kitchen, complete with white cabinets, stainless steel appliances, and a breakfast bar, overlooks the living area, making it ideal for entertaining. A convenient laundry room and utility closet with built-in shelving are located just off the kitchen for added functionality. The primary bedroom is carpeted and features double closets and a private bathroom with a walk-in shower. The second bedroom also has cozy carpeting, while the third bedroom has LVP flooring and is currently being used as a home office. These two bedrooms share a well-appointed full bathroom. Step outside to the beautiful wooden deck that overlooks the spacious, fenced-in backyard, which backs up to the tranquil creek—perfect for outdoor relaxation and gatherings. A large shed provides ample storage for your outdoor equipment and tools. Enjoy tidal water access from your back yard and no city taxes or HOA! Conveniently located near schools, Rotary Park, Big Rock Stadium, Morehead City Country Club, Atlantic Beach, and Beaufort. Washer, dryer, weather station, smart pad by back door and weathervane on the shed do NOT convey.
Source: NORTHCAROLINAREGIONAL #100489299
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 #100489299
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.