400 Lanyard Dr Newport, NC 28570
Your savings
About this home
A Must-See Home in Bogue Watch! Welcome to this exceptional, custom-designed 5-bedroom, 4-bath home located in the highly sought-after gated community of Bogue Watch. From the moment you step onto the inviting covered front porch and into the grand two-story foyer, you'll feel right at home. Enjoy formal dining, an expanded living area, and a chef's dream kitchen featuring: Floor-to-ceiling custom cabinetry, built-in microwave and wall oven, gas cooktop with double oven, two dishwashers, farmhouse sink, wine fridge & coffee bar, unique storage options and spacious breakfast area. Step outside to your backyard oasis—a private, fenced yard with:a heated and cooled saltwater pool with spillover tanning ledge, slide, and toe ledge, travertine paver coping and an extended concrete pool deck perfect for relaxing or entertaining and landscaping sprinkler system. On the second floor, you'll find: three spacious bedrooms and a shared bath, a laundry room for convenience. The luxurious primary suite retreat with ensuite bath, walk-in closet, and private sitting room. The finished third floor offers even more space—ideal for a guest suite, office, playroom, or gym—complete with full bath and extra storage. Residents of Bogue Watch enjoy top-tier amenities including: Private marina & boat ramp Kayak launch Community pool & clubhouse Playground Ideally located near military bases, area beaches, dining, and shopping—this home truly has it all. Schedule your tour today and discover why Bogue Watch is one of the Crystal Coast's best-kept secrets!
Source: NORTHCAROLINAREGIONAL #100515337
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.