243 Sailor St, Sneads Ferry, NC 28460
3 beds · 2 baths · sqft sqft
Experience Carolina living at its finest in Nautical Reach, Sneads Ferry's sought-after coastal community. Just minutes from Topsail Island's pristine beaches, Camp Lejeune's back gate, and a short drive to New River Air Station, Jacksonville, Surf City, and Wilmington, this location brings both tranquility and convenience. The beautiful Vienna B floor plan, built in 2016, boasts approximately 1,522 square feet with three bedrooms and two bathrooms. Nestled on a charming lot with easy-to-maintain vinyl siding and stone or brick accents, this home features a welcoming foyer, spacious family room with a marble-trimmed electric fireplace, and an open kitchen. Perfect for any chef, the kitchen offers ample cabinetry, counter space, a bar for extra seating, and stainless steel appliances, including a smooth-top range, microwave hood, and dishwasher. The open concept allows easy flow to the dining area, ideal for family meals and entertaining. The primary suite is a true retreat with a tray ceiling, ceiling fan, and walk-in closet. The luxurious primary bathroom includes dual vanities with cultured marble countertops, a soaking tub, and a separate walk-in shower. Bedrooms 2 and 3 are generously sized and pre-wired for ceiling fans, while a separate laundry room enhances convenience. Additional interior features include laminate wood flooring throughout, and multiple coat and linen closets. Outside, enjoy Coastal Carolina evenings on the large patio or entertain in the fully fenced backyard with ample privacy. Protect your vehicles from the elements in the two-car garage. Nautical Reach offers that coveted vacation lifestyle you can call ''home.'' Call today to see all this exceptional property has to offer!
Source: NORTHCAROLINAREGIONAL #100473318
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100473318
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: #100473318
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.