525 Candlewick Ln SW, Ocean Isle Beach, NC 28469
4 beds · 4 baths · sqft sqft
Are you looking to experience resort style coastal living? Look no further. This 4 bedroom 2 story home is located in the luxury neighborhood of Ocean Ridge Plantation. This home boasts hardwood floors, vaulted ceilings, two gas fireplaces, a formal dining area, and a formal sitting area that is ideal for an office. The chef's kitchen comes equipped with granite counters, a breakfast bar, prep sink, double ovens, induction cooktop, stainless appliances and loads of cabinet space. Enjoy your morning coffee relaxing from your breakfast nook. The oversized primary suite located on the first floor features a sitting area, two closets, dual vanities, tiled flooring, garden tub and walk-in shower. Upstairs you will find a sitting area, and two other bedrooms. The fourth bedroom or bonus room with full bath is perfect for guests or family needing their own space. Storage is not a problem with the massive walk in attic. The screen back porch and patio make this home ideal for outdoor entertaining and watching golfers tee off on the 3rd hole of Panthers Run. Roof was replaced in 2022. HVAC upper unit is 2019 and lower unit is 2024. Enjoy resort style amenities that include 4 golf courses, 2 clubhouses, ocean club on Sunset Beach, heated indoor pool, sauna, steam room, jacuzzi, banquet room, outdoor pool, pickleball courts, fitness center, walking trails, pavilion area, community garden and over 100 social groups available to join
Source: NORTHCAROLINAREGIONAL #100454293
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100454293
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100454293
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.