1016 Jacksons Ridge Ct Wilmington, NC 28411
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About this home
Welcome to this charming 4 BR, 2.5 BA home, nestled in the desirable Jackson's Ridge community. Sitting adjacent to a quiet, forested area and babbling creek, this property offers exceptional privacy and tranquility. Discover the perfect blend of style and function in this freshly painted home. The open floor plan effortlessly connects the living room, where a gas fireplace and impressive 9-foot ceilings create a warm and airy atmosphere, with the spacious kitchen. Meal prep and entertaining are a dream in the chef's kitchen, which features sleek granite countertops, 42-inch cabinetry, and modern stainless-steel appliances, all illuminated by generous windows that fill the space with natural light. Upstairs, the comfortable master suite boasts a walk-in closet and an en-suite bathroom with a relaxing oversize tub. Three additional bedrooms and a versatile flex room provide ample space for family and guests. Enjoy outdoor living in the ample backyard, perfect for entertaining, and dog-friendly with an electric fence already installed. Additional features include an irrigation system as well as zoned heating and cooling. Located just minutes from Wilmington's best shopping, dining, and beautiful beaches, this move-in-ready sanctuary offers an effortlessly convenient lifestyle. Don't miss your chance to make it yours!
Source: NORTHCAROLINAREGIONAL #100537406
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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.