235 Raintree Rd, Jacksonville, NC 28540
3 beds · 2 baths · sqft
Welcome to 235 Raintree Road in the desirable neighborhood of Raintree. Located in Jacksonville NC and minutes from area shopping, restaurants, parks and outside the city limits, this homes location is more than ideal. As you walk up to the home you will notice the covered front porch perfect for that morning cup of coffee or enjoying those great Carolina evenings. Walk through the front door to find beautiful laminate flooring in the living room, dining room, kitchen and hallway. The kitchen has been updated with ivory/cream cabinets with touches of brown for added elegance, ceramic tile backsplash, and granite countertops. With plenty of cabinet and counterspace the kitchen also comes well equipped with stainless steel appliances to include electric stove/oven, microwave hood, dishwasher, and refrigerator. The dining room is just off the kitchen making it perfect for entertaining or gatherings big or small. The living room has a vaulted ceilings, large windows for plenty of natural lighting and a wood burning fireplace with mantel and brick hearth. Make your way down the hall to find 3 bedrooms. The owners suite is large with a private bathroom with tile flooring and a walk in tile shower with glass door. The other 2 bedrooms are both large with ample closet space and include ceiling fans. This home also has a great sized fenced in backyard along with a one car garage. Do not let this home pass you by. Call or text for more information or to set up a room by room tour today.
Source: NORTHCAROLINAREGIONAL #100477117
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100477117
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: #100477117
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.