78 Southern Oak Ct, Bunnlevel, NC 28323
4 beds · 3 baths · sqft
Get a free consultation call with an expert in the mortgage assumption process.
INTRODUCE YOURSELF TO THIS AMAZING, 2 STORY HOME WITH ALMOST 3,000 SQ. FT. FEATURING FOYER, GORGEOUS KITCHEN BOASTING WHITE CABINETS, GRANITE COUNTERTOPS, ISLAND & SS APPLS, TILED BACKSPLASH, WALK-IN PANTRY, & BUTLERS PANTRY CONNECTING TO FORMAL DINING ROOM WITH COFFERED CEILINGS & WAINSCOTING! BREAKFAST NOOK OPENS UP TO LARGE GREAT ROOM WITH GAS-LOG FIREPLACE, & FLEX RM WITH CUSTOM BARN DOORS, THAT COULD BE USED AS OFFICE/DEN/PLAY RM & MORE! 1ST FLOOR, MASTER SUITE FEATURES TREY CEILING & CROWN MOLDING IN BEDROOM, WITH MASTER BATH OFFERING DOUBLE VANITY, LINEN CLOSET, SEPARATE SHOWER, GARDEN TUB, WATER CLOSET & WALK-IN CLOSET! LAUNDRY ROOM WITH DROPZONE, & 1/2 BATH OFF GARAGE, COMPLETE 1ST FLOOR! 2ND FLOOR FEATURES HUGE LOFT, 2 GUEST BEDROOMS WITH WALK-IN CLOSETS, 3RD GUEST ROOM, OVERSIZED LINEN CLOSET, GUEST BATH WITH DOUBLE VANITY, AND SEPARATE ROOM FOR SHOWER & TOILET, PLUS, AMPLE STORAGE W/ BIG WALK-IN ATTIC OFF LOFT! RELAX ON YOUR COVERED FRONT PORCH, WITH YOUR MORNING COFFEE, AS YOU OVERLOOK YOUR PEACEFUL CUL-DE-SAC & FAMILY-FRIENDLY COMMUNITY. THEN, FINISH OUT A LONG DAY WITH YOUR FAVORITE TEA OR GLASS OF WINE, AS YOU STEP OUT YOUR BACK DOOR, & INTO THE PERFECT BACKYARD OASIS, WITH SCREENED-IN PORCH & EXTENDED GRILL PAD, IDEAL FOR FAMILY TIME, CAROLINA SUMMER NIGHTS, & SPENDING TIME WITH FRIENDS. ENJOY HOT SUMMER DAYS IN THE 12x20, SALTWATER POOL, WITH SLIDE & SECURITY FENCING! A CUSTOM VINYL FENCE PROVIDES PLENTY OF PRIVACY FOR SWIMMING & ENTERTAINING! FEEL THE SODDED GRASS BETWEEN YOUR TOES, & HAVE EASY UPKEEP WITH AN UNDERGROUND, IRRIGATION SYSTEM & DIGITAL TIMER, PLUS,A FRENCH DRAIN TO PROTECT AGAINST STANDING WATER & FLOODING! OTHER FEATURES INCL. BLINDS, CEILING FANS, & 2 CAR GARAGE WITH BUILT-IN SHELVES! MINUTES TO SCHOOLS, MEDICAL CARE, & SHOPPING! LESS THAN 12MI TO POPE AAF @ FT. LIBERTY (FT. BRAGG)! USDA APPROVED! NO CITY TAXES! MOVE-IN READY! CONTACT ME TODAY TO SCHEDULE YOUR PRIVATE TOUR!
Source: NORTHCAROLINAREGIONAL #100468929
All values shown are estimated costs / mo.
Source: Public records
Source: NORTHCAROLINAREGIONAL #100468929
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.