1008 Mill Run Rd Sneads Ferry, NC 28460
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About this home
Minutes from Topsail Beach! Your dream of owning a home with fairway views is now a reality! Located on the 16th hole, this spacious 3 bedroom, 3.5 bath home boasts over 3,000 square feet, is filled with natural light, and so much more. Step into the gorgeous living room featuring vaulted ceilings, beautiful windows, hardwood floors, as well as a wet bar, and relax in front of the gas fireplace. The kitchen was made for entertaining around the large island with granite countertops and bar seating, stainless steel appliances, tile backsplash, and spacious eat-in kitchen area. You'll love the first floor primary bedroom with tray ceilings, 2 closets, new carpet and sliding doors that open to the patio. The ensuite bathroom features a large garden tub, tile flooring, and dual sinks. Head up the custom stairs into a large flex space that is full of potential to fit your needs. You'll also find 2 bedrooms, 2 full bathrooms, and a large bonus room! Outside features gorgeous landscaping, a large patio, a green water barrel, leaf filter gutters, and an invisible fence. The oversized 2 car garage with added shelving leaves lots of space for storage and projects! Added bonus, you can also move into this home with peace of mind with a 2-10 Home Warranty! Schedule your showing today!
Source: NORTHCAROLINAREGIONAL #100524687
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.