139 Nautical Ln Currituck, NC 27929
Your savings
About this home
**BELOW MARKET RATES AVAILABLE (in the 5's) with a full price offer and preapproval from our preferred lender** This custom-built home truly has it all, offering a perfect combination of luxury, comfort, and convenience. Located just a 30-minute drive from the Elizabeth City Coast Guard Base and the Virginia border, this property is packed with features designed to impress. The home boasts a geothermal system, a roof only 2.5 years old, and a tankless water heater. Outdoor living is a dream with a saltwater pool, a tiki bar equipped with electricity, a firepit, and a screened porch for relaxing or entertaining. Situated on a 1.08-acre lot with a new bulkhead and a 10,000-pound boat lift complete with water and electricity, this property is perfect for boating enthusiasts. It is perfect for launching into the Currituck Sound and over to Carova, Coinjock Marina, or even down to Duck. The freshly painted home features a spacious primary bedroom with a tray ceiling and an expansive bathroom that includes heated floors for ultimate comfort. The luxurious kitchen is a chef's delight with quartz countertops, stainless steel appliances, and a gas stove. Additional highlights include a cozy gas fireplace in the living area, a large bonus room over the garage with a private entrance and full bathroom, and four garage bays—two attached and two detached. The detached garage is heated and cooled and offers additional attic storage space. This property combines modern amenities with thoughtful design, making it an exceptional place to call home. HOA fees are paid quarterly and cover the clubhouse, boat ramp & boat trailer storage area.
Source: NORTHCAROLINAREGIONAL #100479344
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.