331 W Huckleberry Way, Rocky Point, NC 28457
4 beds · 3 baths · sqft
Welcome to the Reserve at Island Creek! This stunning 4 bedroom, 2.5 bathroom home, newly built in 2018, is situated on a spacious corner lot boasting 0.44 acres of land. As you approach the home, you'll be greeted by the charming covered front porch, perfect for enjoying your morning coffee or watching the sunset. Located in the popular Topsail school district. Step inside and be amazed by the open concept floor plan that flows seamlessly throughout the home. The 2-story foyer sets a grand entrance, leading you to a formal living room that opens up to the dining room, complete with elegant coffered ceilings. The heart of the home lies in the beautiful kitchen, featuring modern appliances, ample cabinet space, and a center island for meal prep and entertaining. The kitchen overlooks the cozy family room with a gas fireplace, creating the perfect space for gatherings with family and friends. Outside, the meticulously landscaped yard offers a serene oasis with a privacy fence, providing a peaceful retreat for outdoor relaxation. Enjoy the covered back porch, ideal for outdoor dining or simply unwinding after a long day. Located in the desirable Reserve at Island Creek neighborhood, this home offers a perfect blend of comfort, elegance, and convenience. Feel at ease with the one year 2-10 Home Warranty provided by the seller. Don't miss the opportunity to make this your dream home - schedule a showing today!
Source: NORTHCAROLINAREGIONAL #100479133
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100479133
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: #100479133
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.