301 Elk Ct, Jacksonville, NC 28546
3 beds · 2 baths · sqft sqft
Welcome to your new home! Meticulously maintained and in the Sterling Farms subdivision, this home offers all you could want and more! Step into the ceramic tiled foyer and beyond into the beautiful family room with vaulted ceilings, hardwood floors, and a gas log fireplace, and you instantly feel warm and cozy. Off the family room you have a formal dining room with tray ceiling and wainscoting, adding a beautiful room for family gatherings and/or dinner parties. On into the beautifully appointed kitchen we have stainless steel appliances, ceramic tile backsplash, granite countertops, and a nice pantry. There is also a sunny dining nook allowing for plenty of room for eating and dining. The owners suite is spacious with a large walk in-closet and a well appointed on-suite with dual sinks and a garden tub. There are 2 other bedrooms and a 12X20 bonus room upstairs. The entire home has surround sound for your music listening/movie watching pleasure! Stepping off the kitchen you have a wonderful sunroom perfect for enjoying our often fabulous year round weather in NC! Also included in this privacy fenced backyard is a very large deck that would be the place to be while barbequing, and while you're enjoying that fabulous weather, splash around in the above ground pool! There is a sprinkler system, however the owner has never used it. Oh and wait, there's more! Don't want to maintain that pool? This home sits on a corner lot directly across the street from the HUGE pool and clubhouse! Need that large space for a Birthday party, wedding or baby shower, or just want to enjoy the pool? Just walk across the street! How convenient is this?! This home shows beautifully well, and is easy to show, and probably wont last long, so hurry and call for your viewing today!
Source: NORTHCAROLINAREGIONAL #100455601
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100455601
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100455601