210 Paul Pl, Goldsboro, NC 27534
3 beds · 3 baths · 2,321 sqft
Gorgeous, well-maintained 3 Bed, 2.5 bath Home in the Colonial Acres Subdivision. Greeted by a Tiled floor in the Foyer, then Hardwood floors in the Living room w/Gas log Fireplace and the Formal Dining room. The Kitchen features a Tile floor, Tile Countertops, Tile Backsplash, recessed lighting, Appliances, Pantry and a Breakfast Nook. There are two sets of stairs leading to the second story. Upstairs boasts a Master Suite w/WIC, TV mount and a Master bath w/Tile floor, Tile walled Shower/tub combo, a Skylight w/ample light and linen closet. Two additional spacious Bedrooms both w/Fans and TV mounts and also a Full bath w/Tile floor, Tile walled Tub/shower combo and a Skylight. You'll ABSOLUTELY LOVE the Large Finished Bonus room. Very spacious room w/STUNNING Stone Gas log Fireplace, a Closet and built-in Shelves. Enjoy your large Fully Fenced-in Backyard. Plenty of room to Entertain or let your kids or pets run and play. 20ft X 10ft Storage shed for outdoor items, Cement Landscape curbing, Back Deck, 2-car Garage w/Epoxy floor, Crepe Myrtle trees and a Front Yard swing. Exterior of Home painted in 2024. VA Assumable loan of 2.875 percent. This Home is ready to be yours. Close to Hwy 70, 70 Bypass and all Local amenities.
Source: NORTHCAROLINAREGIONAL #100492797
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: NORTHCAROLINAREGIONAL #100492797
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.