VA loan
1 of 35
VA loan
$480,000

334 Green View Rd, Moyock, NC 27958

4 beds · 3 baths · sqft sqft

Welcome to 334 Green View Road, a beautifully maintained home located in the prestigious Eagle Creek Estates—a serene, well-established golf community in Moyock, North Carolina. With 4 spacious bedrooms and 2.5 bathrooms, this home is designed to offer the perfect blend of comfort, style, and convenience. As you step inside, you'll immediately notice the inviting open floor plan, ideal for both everyday living and entertaining. The expansive living and dining areas are filled with natural light, while the modern kitchen boasts ample counter space, updated appliances, and plenty of storage for all your culinary needs. The generous master suite offers a private retreat with a spa-like ensuite bathroom, perfect for unwinding after a long day. Three additional well-sized bedrooms provide plenty of space for family or guests, while the home's 2.5 bathrooms ensure ample convenience for everyone. Step outside to your own private oasis—an oversized fenced-in backyard that's perfect for summer barbecues, outdoor gatherings, or simply enjoying the beautiful North Carolina weather. Whether you want to relax or entertain, this space is designed for it all. Living in Eagle Creek Estates means you'll enjoy a lifestyle that blends tranquility with convenience. The golf course just steps away provides a beautiful backdrop for your home, while the location is ideal for easy access to both Virginia and the famous Outer Banks. Whether you're commuting, exploring, or just enjoying the local attractions, you'll love the location and charm of this community. This home is a rare find in one of Moyock's most desirable neighborhoods. With its combination of spacious design, modern amenities, private backyard, and prime location, it's the perfect place to create your dream lifestyle. Don't miss out on the opportunity to make this incredible home yours!

Interest rate 3
3.625%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,653
With Roam
$2,303
Reduce your monthly payments by $650 when you assume this mortgage.
You also save $195,021 in total interest paid.

$154,035
Edit

You may be able to put down less than the total down payment amount of $154,035 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.57 acres
Year built
2015
Type
Single Family Residence

Source: NORTHCAROLINAREGIONAL #100475750

Loan
Remaining term
25 years
Rate
3.625%
Monthly P&I
$1,653
Remaining loan balance
$325,964

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 21, 2024 12:23 pm
Listing agent: Landry Brown (919) 444-1672
Listing provided courtesy of: Iron Valley Real Estate Elizabeth City (757) 645-9700
Details provided by NORTHCAROLINAREGIONAL and may not match the public record.
MLS ID: #100475750
The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roam Brokerage, LLC shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright © 2024 North Carolina Regional MLS LLC. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,653/mo
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