313 Hendrix Ln, Wilmington, NC 28401
3 beds · 4 baths · sqft sqft
SHORT TERM RENTALS ALLOWED! Recently-built, sophisticated townhome with HOA-paid water, trash, sewer and exterior insurance! Low-maintenance living in the heart of downtown Wilmington. The Indie Ice townhomes are tucked into their own little neighborhood and yet just around the corner from restaurants, breweries, the RiverWalk and Live Oak Concert Pavilion. Surrounding a meticulously manicured private courtyard, your windows look out onto trees, flowers and a bright green public space. Each floor has it's own sense of space giving every room personality. Use the first floor bedroom and bath for guests or a home office. Garages and off-street parking are hard to find downtown but you'll have both, plus extra guest parking. On the second floor the open-concept kitchen and living room look over a large center island with nearly ceiling-high windows that flood the room with natural light. On the third floor, two bedroom suites that can easily fit a King sized bed. The sellers have most enjoyed the relationships they've made with their neighbors in this truly unique community that will have you saying, ''I can't believe I never knew these were here!''
Source: NORTHCAROLINAREGIONAL #100447368
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100447368
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: #100447368
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.