506 Paderick Ct, Jacksonville, NC 28546
4 beds · 3 baths · sqft
Seller is offering $5,000 in seller concessions! Use-as-you-choose! Welcome home to the fabulous neighborhood of Towne Pointe! This gorgeous home is located on over a half acre lot in a cul-de-sac across from one of the community ponds. This home is perfectly located outside of city limits, close to local shopping, dining, and Camp Lejeune. This beautiful home boasts 3,304 square feet of living space with upgrades and details throughout. Entering the home, you are greeted with a beautiful foyer area. To the left, you will find an excellent office/flex room with a sliding door for privacy. Following the hallway, you're greeted with large, open-concept living area perfect for entertaining. The living room is the perfect layout featuring a stone fireplace. Stepping into the heart of the home is an amazing kitchen including a gas range, an abundance of cabinet space, granite countertops, stone bar island, and pantry. Off the kitchen is a formal dining room with beautiful coffered ceiling that flows into a family room. As you continue upstairs, you'll find the primary bedroom, three secondary bedrooms with vaulted ceilings, laundry room with cabinetry, guest bathroom with vanity space, and additional closet space for your storage needs. The primary bedroom features a raised ceiling with separate sitting area and large master bathroom with walk-in shower, garden soaking tub, and walk-in closet. Off the closet is a large walk-in attic space perfect for additional storage. Stepping outside you're greeted with a large screen-in porch, spacious fenced backyard, and storage shed. Lender credit available with Listing Agent's preferred lender! Be sure to schedule your showing today to see everything this home has to offer!
Source: NORTHCAROLINAREGIONAL #100465231
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100465231
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: #100465231
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