3779 Island Dr, N Topsail Beach, NC 28460
4 beds · 3 baths · 2,666 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Discover the ultimate in coastal living with this exquisite sound-front property located on the prestigious North Topsail Beach. This home has breathtaking ocean & sound views with direct public beach access & is meticulously designed to offer a blend of elegance, comfort, & entertainment across 4 levels. The ground level offers resort-style living with features including 2 spacious storage closets, carport, covered picnic area, outdoor shower, & recreational highlights including a private putt-putt golf area & volleyball court. Stroll down your private walkway to the sound-front dock, which is perfect for water adventures & sunset views. The 2nd level welcomes you with an expansive front porch with stunning ocean views, grand foyer, & game room. The game room features a popcorn machine & game table, which promises hours of entertainment & fun. Also, on the 2nd level, are 2 guest bedrooms, a full bath, & the first of two primary suites, complete with a walk-in closet & en-suite. The heart of the home is a chef's dream & located on the 3rd level. The open-concept design includes a gourmet kitchen equipped with a gas range with 4 burners & a griddle, granite countertops, an eat-in bar, & ample seating for 8 people in the dining area. The spacious living room flows effortlessly onto dual porches—one offering mesmerizing ocean views & the other serene sound views. This level also features the 2nd primary suite, complete with private porch access, a walk-in closet, & an en-suite with a walk-in shower. The crown jewel of this coastal masterpiece is the expansive bonus room on the top floor & designed with leisure in mind. It features a dartboard area, TV, couch, a foosball table, & has access to a private ocean-side balcony. This waterfront gem delivers a lifestyle of tranquility & fun. This home is truly a retreat with elevator access to three levels & flawless indoor-outdoor living spaces. Your island dream awaits, so schedule a showing today.
Source: NORTHCAROLINAREGIONAL #100496177
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100496177
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.