2228 Harbor Ridge Dr SE, Bolivia, NC 28422
3 beds · 2 baths · sqft
Country Charm Meets Modern Coastal Living Welcome to 2228 Harbor Ridge Drive in the Marsh Bay neighborhood. Nestled on a spacious 0.46 acre lot, this beautifully renovated 3-bedroom, 2-bath home offers affordability, excellent proximity to favorite destinations and plenty of room to enjoy country, coastal living. Before you step inside, take notice of the recently added metal roof and cottage-style vinyl siding. The charming covered front porch offers a warm welcome and provides perfect spot to drop your gear after a long day by the water. Inside you'll find a bright and airy living space that opens to the fully-remodeled heart of the home. The kitchen features like-new shaker cabinets, granite countertops and stainless steel appliances. There's plenty of room for family and friends thanks to the generous island and cozy dining nook. Not to be upstaged by the kitchen, both bathrooms have also been renovated with modern fixtures and finishes. One of the standout features of this home is the versatile flex room with French doors, offering a perfect space for a home office, playroom or guest suite. This room provides easy access to the fully-fenced massive back deck and a backyard bursting with potential - complete with storage shed and workshop. With its prime location just 13 miles from downtown Southport, 13 miles from Oak Island beaches, 5 miles from Sunset Harbor boat ramp and 7 miles from Hwy 17, this home is ideally situated for both relaxation and convenience. Whether you're searching for your next home or a perfect getaway, this property offers the best of both worlds.
Source: NORTHCAROLINAREGIONAL #100463287
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100463287
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: #100463287
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.