259 Beachwood Dr NW, Calabash, NC 28467
3 beds · 2 baths · sqft
Welcome to a delightful three-bedroom, two-bathroom haven nestled in the heart of Calabash, NC. Situated on a sprawling private lot, this home offers the perfect blend of comfort, style, and coastal living while being located just minutes from shopping and dining. As you step inside, you're greeted by a bright and inviting living area, where natural light dances across the space, creating a warm and welcoming ambiance. The heart of the home, the kitchen, is a true highlight, boasting stunning barn doors, a farmhouse sink, and a generous island, providing ample space for culinary adventures and entertaining guests. With three bedrooms, including a spacious primary suite, and two bathrooms, this home offers plenty of space for relaxation and rejuvenation. Whether you're enjoying a quiet evening in or hosting gatherings with loved ones, this home provides the perfect backdrop for cherished memories. Outside, the large private lot offers endless opportunities for outdoor enjoyment, from tranquil moments in the sunshine to lively gatherings under the stars. Located in the charming fishing town of Calabash, NC, residents of this home will enjoy easy access to local attractions, including pristine beaches, championship golf courses, and delectable seafood dining options. Don't miss your chance to own this coastal retreat in the heart of Calabash. Schedule your showing today.
Source: NORTHCAROLINAREGIONAL #100440789
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100440789
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 30-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: #100440789
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.