616 Winchester Rd, Jacksonville, NC 28546
3 beds · 3 baths · sqft
SHORT SALE OPPORTUNITY! Close by the bases, shopping and the beach! Nestled in Brynn Marr just off Western Boulevard, this stunning 3-bedroom, 2-bath brick beauty spans a spacious 1,800 square feet of living space. Updated painted walls and newly updated flooring throughout the home set the stage for a move-in ready experience that's sure to delight. Imagine starting your day with a short jaunt to local shops or planning a weekend adventure with easy access to nearby military bases and sun-kissed beaches. This home is perfectly positioned for convenience and leisure, offering a lifestyle that's both active and relaxing. Step inside to discover a warm and inviting atmosphere where each room flows seamlessly into the next—perfect for gatherings and making memories. The heart of the home, the kitchen, is ready for your culinary creations and is complemented by ample space for dining and entertaining. Walk out to the oversized patio and enjoy your latest grilling treats and playing cornhole! Retreat to the serene master bedroom, a peaceful haven with its own private bath, promising a tranquil space to unwind. The additional bedrooms offer flexibility for a growing family, a home office, or guests. Outside, the property boasts a generous yard, providing a blank canvas for your outdoor oasis. Whether you're hosting summer barbecues, indulging in your gardening hobby, or simply enjoying the Carolina breeze, this space is yours to personalize. This home isn't just a place to live—it's the backdrop to your life's most cherished moments. Don't miss the opportunity to make it yours. Open the door to new beginnings and a lifetime of memories. Schedule your private tour today!
Source: NORTHCAROLINAREGIONAL #100455264
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100455264
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: #100455264
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.