187 Independence Blvd, Newport, NC 28570
5 beds · 3 baths · sqft sqft
Welcome to 187 Independence Blvd in Newport, NC, where spacious living meets modern comfort in a home designed for both relaxation and entertainment. As you step into this beautiful residence, you're greeted by 9-foot ceilings and the elegant touch of plantation shutters throughout. The inviting open-concept layout seamlessly connects the living area and kitchen, perfect for gatherings. The kitchen is a chef's dream, featuring a generous island, ample cabinetry, and a walk-in pantry to store all your essentials. A formal dining room and a versatile space for an office or den add to the functionality of the main floor. For those needing a main-level retreat, there's a cozy bedroom adjacent to a full bathroom. The mudroom, conveniently located off the garage, keeps the chaos of outdoor activities at bay. Upstairs, the master suite is a true sanctuary. Enjoy your mornings in the spacious sitting area or unwind in the master bathroom, which boasts a double vanity, walk-in shower, whirlpool tub, and a roomy walk-in closet. The upper floor also offers three additional bedrooms, a versatile loft area perfect for a playroom or media space, and a full bathroom. Laundry day is a breeze with the conveniently placed laundry room and linen closet. Step outside to your private oasis—a 6-foot wood privacy fence encloses the backyard, providing a safe and serene space. The covered patio is ideal for morning coffee or evening barbecues. Equipped with a security system and surround sound, this home is ready for both comfort and peace of mind. Discover the lifestyle that awaits at 187 Independence Blvd, where every detail is designed for modern living.
Source: NORTHCAROLINAREGIONAL #100468088
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100468088
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100468088
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.