56 Skipping Water Dr, Spring Lake, NC 28390
4 beds · 3 baths · 2,910 sqft sqft
Exquisite custom brick executive home in the gated golf community of Anderson Creek Club. Situated on a premium waterfront lot, is a 4 bd 3 full Ba w/ Bonus Room/ recreation room. Walkin on hardwood floors to find pure beauty of trim & crown moldings. The gourmet kitchen is equipped w/ SS appliances, double wall oven, island, granite countertops, and custom wood cabinets. Spacious 1st floor owner suite has double tray ceiling, custom closet, double vanities, jetted tub, & tiled shower. The 1st floor guest suite is situated next to a full bath. There are 2 bds & bonus upstairs for grand entertainment. Find speakers, new tankless hot water heater, and yard sprinkler system. The porch overlooks the 3 tier ponds for peaceful nights. Amenities are golf course, ACC club house, parks, ponds, fishing, trails, pools & splash pad, inn, daycare, academy. HOA fee includes high speed internet. Assumable VA Loan at 2.5%, new HVACs & tankless water heater 2024.
Source: TRIANGLEMLS #LP728517
Interest rate and monthly payment estimated based on public records.
Source: TRIANGLEMLS #LP728517
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: #LP728517
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.