194 St Brendan Ct, Southport, NC 28461
4 beds · 3 baths · sqft
Perfectly placed in the heart of the city, this quintessential Southport home is ideally located near the waterfront, locally-owned shops, restaurants, parks and historic sites. This custom-built beauty features an open floor plan, designed to capture the abundance of natural light that highlights the Caribbean Heart Pine floors, tall ceilings and fine craftsmanship in this lovely home. The primary suite is conveniently located on the first floor and is a serene retreat complete with a generous sized bathroom and walk-in closet. Two additional guest bedrooms and a second full bath are also located on the first floor, both are comfortably sized, open and bright that are splendid for extended stays or possibly to be used as a sitting room or a home office. Large windows throughout fill the home with light, creating an airy flow from the living room, through the dining area, and into the expansive kitchen featuring ample counter space, custom cabinetry, and an easy connection to the Sunroom. Upstairs you will find a fourth bedroom/bonus room complete with the third full bath and a climate controlled closet that has so many uses and is a fantastic addition to the home. Completing the upstairs is a reading nook and another climate controlled closet spacious enough to be used as a craft or collectible room for all those precious items you just can't wait to display and admire. Loads of eave storage helps in storing the decorations you just cannot part with and is easily accessible which is a definite plus and something you will appreciate throughout the years. Enjoy your morning coffee or evening card games with friends on the brick patio under the pergola in the beautiful backyard under the shade trees while your pets run around the fenced backyard. An oversized two car garage can be used for a workshop or maybe your golf cart that you will love cruising around the town taking in all the sites in our jewel of a city! After those long days on the boat or beach, , the outside shower will come in handy to wash off those sandy toes when friends and family come to visit. There are so many incredible features in this easily accessible home, come take a tour and sit a while on our simply southern front porch. We will have the sweet tea waiting for you!
Source: NORTHCAROLINAREGIONAL #100467218
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100467218
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: #100467218
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.