721 Currituck Cay, Corolla, NC 27927
4 beds · 4 baths · sqft
Welcome to The Hidden Gem - Your Perfect Coastal Retreat! Nestled at the end of a quiet street in the coveted Hammocks section of The Currituck Club, The Hidden Gem is a beach home that effortlessly combines luxury, convenience, and relaxation. Whether you're looking for a vacation getaway, a second home, or a primary residence, this exquisite property has it all. Situated in a sought-after gated community, this home offers unparalleled access to the best amenities and attractions. Enjoy the tranquility of a private setting while being close to everything you need. The open and airy living area is designed for comfort and style, featuring generous space and a cozy living room fireplace-Perfect for entertaining or simply unwinding, this property is sure to impress. This property has 4 spacious bedrooms that offer a comfortable and relaxing space for you and your guests. For an extra special touch, enjoy stargazing from the tower room! Expansive decks overlook a sparkling inground pool with a recently updated pool liner, inviting you to take a dip or bask in the sun. The hot tub adds an extra touch of luxury for relaxing evenings. The pool area is fully fenced in and backs up to a well manicured common area. The Currituck Club is renowned for its top-notch amenities including: Golf Course: Tee off on the 18 hole Rees Jones golf course, complete with a driving range, pro-shop, and clubhouse. Pools: Enjoy multiple pools, including one exclusively for the Hammocks Recreational Facilities: Stay active with basketball courts, tennis courts, bocce ball, pickleball, playgrounds and sand volleyball. Health Club & Sound Access: Take advantage of the community health club and scenic sound access. Convenient Beach Access: From Memorial Day to Labor Day, catch a ride to the beach with the beach valet services. Discover The Hidden Gem and experience the epitome of coastal living. Schedule a private tour today and see this exceptional home in The Currituck Club
Source: NORTHCAROLINAREGIONAL #100460929
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100460929
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: #100460929
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.