5901 Mclean St Emerald Isle, NC 28594
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About this home
Welcome to 5901 McLean Drive, a spacious and beautifully maintained brick home located in the heart of Emerald Isle. Offering over 2,900 heated square feet, this coastal retreat features four generously sized bedrooms and four full bathrooms, all designed with comfort and functionality in mind. The home is ideally situated in a premium sound-side location within a welcoming community that includes top-tier schools and deeded water access. Inside, the top floor showcases an open-concept living and dining area centered around a cozy gas-log fireplace. The kitchen is a standout with two breakfast bars, a center island with cooktop, granite countertops, abundant cabinetry, and a walk-in pantry. A gracious laundry room and central vacuum system add to the home's convenience. The owner's suite includes two expansive walk-in closets and ample space for a sitting area, while the additional bedrooms and bathrooms feature elegant tilework throughout. A dedicated office or flex space provides versatility for remote work, study, or creative use. Outside, enjoy glimpses of the ocean from the large covered deck. The oversized four-car tandem garage includes a 12-foot opening and reinforced concrete flooring, ideal for heavy equipment, RV, or boat storage. A full bathroom in the garage offers added convenience after outdoor activities, and an additional parking pad sits beside the home. Nestled on a 0.24-acre lot, this freshly painted property is perfect as a primary residence, vacation home, or investment opportunity. With its practical design, low-maintenance construction, and proximity to water access, 5901 McLean Drive is an exceptional find for boating enthusiasts and anyone seeking the Emerald Isle lifestyle.
Source: NORTHCAROLINAREGIONAL #100512588
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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.
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