9655 Woodriff Cir, Leland, NC 28451
5 beds · 3 baths · sqft sqft
Located in the beautiful, centrally located neighborhood of Sunrise Terrace on a corner lot, this beautiful home features 5 bedrooms and 3 full baths. MOTIVATED SELLER offering 3K in buyer's closing cost with an acceptable offer! The open layout includes a gorgeous kitchen with stainless appliances, granite countertops, a spacious pantry, and a large island with white cabinetry. Upstairs you will find a huge master suite with a generously sized walk- in closet and an ensuite bathroom with a walk- in shower, water closet, and soaking tub. Bonus Feature: the light in the master bathroom has Bluetooth capabilities for you to listen to music while in the shower! Three additional bedrooms and two baths are also located upstairs, along with a cozy loft area at the top of the stairs. The 5th bedroom and full bath are located downstairs, off of the kitchen, providing a guest space or home office setup! This home has been recently updated with a new HVAC (August 2024)! The spacious fenced-in backyard features French drains, a pergola, garden planter boxes, and a shed for all of your yard and gardening needs! Plus, the back patio and screened in porch are perfect for entertaining family and guests! Close proximity to many local Leland attractions including grocery stores, shops, restaurants, and conveniently downtown ILM is approximately 7 miles away! WELCOME HOME!
Source: NORTHCAROLINAREGIONAL #100459436
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100459436
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: #100459436