Limited time: Pay only $1,000 to assume a low rate mortgage when you sign a purchase contract between 12/11/24 and 1/10/25 *
VA loan
1 of 38
VA loan
$354,900

913 Roswell Ln, Jacksonville, NC 28546

4 beds · 3 baths · sqft

Looking for space and a move-in ready house? Look no further. This well cared for 4 bedroom, 2.5 bath home in one of Jacksonville's most loved neighborhoods of Carolina Plantations is ready for it's new owners. The exterior boasts freshly washed concrete, landscaped flower beds and a freshly painted front door. Open the front door to find the brand new luxury vinyl plank, modern toned, wood-look flooring that runs throughout the main areas of the first floor. That's right! Easy to clean and durable flooring that will hold up to the most traffic! and you're the first to live on it! Inside is a most neutral palette as the ceilings and walls are fresh bright white and the walls have a fresh coat of Sherwin Williams Light French Gray. The downstairs of this home features an impressive two-story foyer, a formal flex space with beautiful moldings at the front of house that could be used for an office area, play room or plant palace, a large dining room with coffered ceilings, the open kitchen with stainless steel appliances, an island and a pantry. Off the kitchen is the living room with a cozy fireplace. Down the hall is the laundry/mud room and a half bath. both with durable tile flooring. All of the bedrooms are situated upstairs along with the hall and the owner's bathrooms. Imagine a primary bedroom is so large that it can fit a full king bedroom set along with allowing for a separate section for a personal couch and tv set up. This room can do that! Also pretty with a trey ceiling and lots of natural light in the daytime. Included in the primary is the large private en-suite bath that features dual sinks. a stand up shower, soaker tub, private toilet area and a large walk-in closet. The other bedrooms are spacious as well. The backyard of this home features a covered concrete patio and a fully fenced yard. Two car garage for all of your storage needs. Did I mention? No city taxes! Come take a tour. Your new home awaits!

Estimated
Seller's interest rate
2.625%
7%
Estimated
Principal & interest
$855/mo.
$1,343
You may also save up to $151,369 in total interest paid.
Listing price
$354,900

Your cash down payment
$162,557
Seller’s estimated current equity is $162,557
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $855 monthly payment

Financed
$192,342
Assumed mortgage 2.625% • Seller's rate
$192,342
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Lot size
0.23 acres
Year built
2014
Type
Single Family Residence

Source: NORTHCAROLINAREGIONAL #100478547

Loan
Remaining term
25 years, 10 months
Rate
2.625%
Monthly P&I
$855
Remaining loan balance
$192,342

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Dec 21, 2024 12:26 pm
Listing agent: Kendal N Semanderes (910) 389-8704
Listing provided courtesy of: CRI Properties (910) 455-2860
Details provided by NORTHCAROLINAREGIONAL and may not match the public record.
MLS ID: #100478547
The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roam Brokerage, LLC shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright © 2024 North Carolina Regional MLS LLC. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$855/mo
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