906 N Yaupon Ter, Morehead City, NC 28557
6 beds · 3 baths · sqft sqft
Welcome to your dream home in Morehead City! Nestled just minutes from the beach and picturesque intercoastal waters, this stunning property boasts an inviting atmosphere from the moment you arrive. Admire the manicured landscaping and charming front porch as you approach. Step inside to discover a versatile layout, starting with a spacious living room that could easily transform into a formal dining area. The heart of the home lies in the beautifully updated kitchen, featuring modern white cabinets, a striking subway tile backsplash, and elegant countertops. Stainless steel appliances add a touch of luxury, making this kitchen a true standout. With six bedrooms and three full bathrooms, there's plenty of room for the whole family to spread out and relax. But the surprises don't stop there - prepare to be amazed by the expansive pantry, complete with its own room, cabinets, and ample counter space. As you explore further, you'll be captivated by the second living room/family room, adorned with stunning exposed beams and a welcoming white brick fireplace. This cozy space is perfect for gathering with loved ones or simply unwinding after a long day. Outside, the fenced-in property provides added security for children and pets to roam freely. Plus, there's a workshop and additional storage shed, offering endless possibilities for hobbies and storage needs. With an extended driveway, there's ample space for boats, RVs, and any other vehicles you may have. Don't miss your chance to make this extraordinary home yours - schedule a showing today and experience coastal living at its finest!
Source: NORTHCAROLINAREGIONAL #100437164
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100437164
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #100437164
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.