720 Dennis Rd, Jacksonville, NC 28546
4 beds · 2 baths · sqft sqft
This is an opportunity for you to get into this property for well under the current value. This house is in a very Central location. This house also has a fence to keep your pets from wandering away! Located in the established neighborhood of Cardinal Village II. This home is LITERALLY MINUTES to everything Jacksonville has offer. Restaurants and dining are close by as Western Boulevard is on your way out of the neighborhood. Western Boulevard has all the retail stores, restaurants, car dealerships, and activities on one strip. Driving to 3 out of the 4 entrances of Camp Lejeune Marine Corps Base are minutes away by taking Highway 24 with the main gate being close by. Western Boulevard and Highway 24 are the 2 major roads that go through Jacksonville being only minutes from accessing each. Jacksonville Post Office is around the corner- conveniently located next to most of Jacksonville's Dentist and Doctor Locations. Jacksonville Mall and AMC Theater is a short drive for a quick mall trip. Hubert is not that far away either, as you are located near to the entrance of HWY 24. Swansboro is a short distance as well. Going to the beach? Take 24 to Emerald Isle or Sneads Ferry each taking the same 45-minute trip for a nice weekend getaway during nice days. The neighborhood is a pleasant experience and tucked just enough out of the way that you really forget everything is just around the corner. Most delivery services will be available. Easy Uber or Lyft pickup. Miles from the community is Southeast Creek Park which offers everybody enjoyment and fishing. Coastal Carolina Community College is close as well, just down Western Blvd. Again, this is located centrally and near to literally everything Jacksonville has to offer. Schools are near by as well.
Source: NORTHCAROLINAREGIONAL #100474219
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100474219
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: #100474219
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