238 Four Frks, Shawboro, NC 27973
4 beds · 3 baths · sqft
Looking for privacy with a perfect location, animal lovers, nature enthusiasts, garden enthusiasts, this is a must see, nestled right here in the heart of Currituck County! The impressive entrance is lined with beautiful trees, and makes it truly inviting. This exceptional home is designed for both comfort and functionality. The interior of the home features 4 spacious bedrooms 3 full bathrooms, an additional office room, bonus room and storage! It boasts intricate details, such as bay windows, wood plank ceilings, bamboo floors, and beautiful interior french glass double doors. The large primary suite features include a huge walk in closet and bathroom with a walk in shower, or relax in the tub with the bountiful natural lighting. Downstairs features a large breakfast bar island, breakfast nook, formal dining for ample entertainment space, or step outside to the screened in back porch overlooking the back pasture. The property also features the barn with a separate tack/feed room and space for 5 stalls, there's also a hay loft for additional storage, water and lights! There are three setup pastures with two of them housing run in shelter for animals. Loads of space for an rv, boats or equipment! Just outside the barn you'll find a huge workshop with a lean to, let your imagination decide how to use it! wood working? Man cave? Extra storage? You're sure to find peace, tranquility, privacy and adventure as you explore the grounds, fish in the pond, walk the fields, or just relax and enjoy the nature that surrounds this home. If it couldn't offer more, it does, it's also just 20 minutes from the Virginia border and 45 minutes to the OBX! Homes like this don't come around often, schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100465172
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100465172
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: #100465172
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.