619 E Raintree Ln, Goldsboro, NC 27534
3 beds · 3 baths · sqft
619 E. Raintree Lane Goldsboro, NC 27534 3BR/2.5 Bath + Finished recreation area over garage. Located in highly desirable Raintree Subdivision, amenities include: Community pool, club house, playground, basketball goal, tennis court! Lake access, great for fishing, kayaking,and paddle boarding! Awesome community events throughout the year. All new updates include: Interior: Hard surface LVP flooring throughout first floor, natural wood stairs. Hard surface LVP flooring throughout second floor hallway, Master bedroom, all bathrooms, and laundry closet. Professional painting throughout home. Crown molding added to second floor. Kitchen cabinets, Quartz countertops, 4'x6' kitchen island with farmhouse sink, microwave, tiled backsplash, lighting. Bathroom vanities, sinks, and hardware. Master shower upgraded to walk in floor to ceiling tiled shower. Garden tub professionally resurfaced with limited warranty, upgraded tub tile and plumbing access. Secondary bathroom has a new steel tub, shower surround with wall to wall storage niche. Updated insulation in attic and recreation area storage closets. Expanded flooring in attic, HUGE storage area! Exterior: Upgraded lighting. Crawlspace has new moisture barrier. New front & back door. Shutters professionally painted. New aluminum flashing around front door and garage. New garage door seal. Driveway extension added. $349,900
Source: NORTHCAROLINAREGIONAL #100471500
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100471500
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: #100471500
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