2019 Royal Pines Dr, New Bern, NC 28560
4 beds · 3 baths · 2,460 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your golf course oasis. Watch golfers tee-off from your screened-in porch while your dog is lounging in the fenced backyard. This beautiful 4 BR, 3 BA home sits on the tee box of the 12th hole of Harbour Pointe golf course. The cathedral ceilings give this home an expansive feel upon entry. Open, spacious describes this flowing floor plan which is made for entertaining. The split bedroom layout allows for privacy for the owners suite. There is a deck for cooking out located just off the screened back porch which leads to your fenced backyard with AstroTurf, perfect for practicing your putting. The 4th bedroom or recreation room with full bath above the garage has ample closets and storage. The Resort at Fairfield Harbour is a 2,400-acre resort and residential community that sits along the banks of the Neuse River, leading to the Intracoastal Waterway and the Atlantic Ocean. The development features 2 marinas, a golf course, a restaurant, fishing pier, picnic areas, walking trails, tennis courts, pickle ball and a dog park. Northwest Creek Marina, a deep water, full-service marina is also nearby. With ownership you may also join the Recreation Center which has indoor and outdoor pools, hot tub, sauna, workout facilities, ping pong, mini golf and more (fee applies). *Possible assumable VA loan with attractive, low APR.
Source: NORTHCAROLINAREGIONAL #100495595
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 #100495595
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.