9204 Hutton Heights Way SW, Calabash, NC 28467
3 beds · 3 baths · sqft
TAKE ADVANTAGE of up to $2500 lender credit to buyer at closing for use toward closing costs or rate buydown. Offer applicable for buyers under contract by 12/6/2024 using seller's preferred lender. This charming Charleston style Row Home is nestled among the trees in the picturesque, historic-inspired neighborhood of Devaun Park, only 5 minutes from Sunset Beach and one of the best kept secrets in Brunswick County! This timeless 3BR/2.5 BA home features 2 gracious front porches to enjoy the gentle breezes, mature landscaping with beautiful camellias, azaleas and gardenias, a grilling deck with courtyard patio, fireplace with built-in bookcases, first floor primary suite, two spacious bedrooms upstairs- one with a built-in office space and access to upper porch and the other as large as a bonus room with a wall of closets! This charming home reflects the gracious interiors typical of historic Charleston homes and provides an abundance of storage, rear entry two car garage with built-in storage, and street parking. A short stroll down the one sidewalk reaches the community pool and down another reaches to the community walk along the Calabash River. The neighborhood features sidewalks and tree-lined streets, mature landscaping and lots of shade, a scenic and classically landscaped garden in Village Square, and an abundance of destinations for a lovely walk or bike ride past ponds, fountains and gazebos! At approximately 2000 sq ft, this classic and well maintained home is both cozy and spacious, and a row house means there is room to garden but no lawn to mow!!
Source: NORTHCAROLINAREGIONAL #100451147
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100451147
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: #100451147
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.