538 Keswick Pl SW, Ocean Isle Beach, NC 28469
4 beds · 4 baths · sqft sqft
Extremely well-maintained brick home on a quiet cul de sac in the one and only Ocean Ridge Plantation. This beauty sits on a pie-shaped home site on .48/acre and backs up to the 3rd hole of Panther's Run Golf Course. Watch the hackers go by with your morning coffee or afternoon beverage of choice, but tucked back just far enough away from the action. Custom awning out back on the deck to enjoy our gorgeous year-round weather in Coastal NC. Beautiful hardwood floors in the living areas, kitchen, primary bedroom, and one of the guest bedrooms. This home was built with entertaining in mind with its formal dining room and a breakfast nook for every day use. 4 bedrooms on the 1st level with a large bonus room upstairs and a full bathroom which could serve as a 5th bedroom if you so desire. Gas cook top in the kitchen, SS appliances, granite counters, plenty of cabinet space, and a pantry. Custom built-ins in the living room with a gas fireplace for that added touch of ambiance. 3 car garage as well for the car aficionados. New roof in 2023 and a new heat pump in 2022. Encapsulated crawl space, rinnai tankless water heater, and a Generac whole-house generator for added peace of mind. This is a gorgeous home lovingly maintained by its original owner. Ocean Ridge is widely regarded as the premier community in Coastal NC with its 4 golf courses, 2 golf clubhouses/restaurants, over 65 social groups/activities, a plantation clubhouse with a heated indoor pool, jacuzzi, sauna, steam room, fitness center, banquet room, an outdoor pool, pickleball courts, walking trails, a community garden, a nature pavilion, and last but not least, a beach clubhouse on the locals favorite, Sunset Beach! New (2nd) amenity center is under construction and should be complete within the next few months.
Source: NORTHCAROLINAREGIONAL #100473733
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100473733
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: #100473733
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