Seller NOW OFFERING $8000 use as you choose!! This a beautifully maintained and thoughtfully updated residence located in the highly sought-after gated community of Chadwick Shores. Just minutes from the back gate of Camp Lejeune, area beaches, dining, and everyday conveniences, this coastal retreat offers space, charm, and exceptional functionality across three full stories. A welcoming covered front porch with porch swings, mature trees, and timeless curb appeal sets the tone as you step inside. The main level features warm wood flooring throughout, a beautifully crafted wood-tread staircase, and a convenient half bathroom, ideal for guests. The oversized living room is filled with natural light and centered around a cozy, stone-accented wood-burning fireplace — perfect for chilly evenings and relaxed gatherings. The eat-in kitchen remains the heart of the home, offering ample cabinetry, granite countertops, stainless steel appliances, and generous prep and storage space. Just off the kitchen, the formal dining room provides the ideal setting for both everyday meals and special occasions. Upstairs, you'll find three generously sized bedrooms, a full bath, a laundry room complete with washer and dryer, and a large finished bonus space with access to the third floor. The third level offers an oversized finished bonus room, providing endless versatility — ideal for a home office, media room, playroom, or guest retreat. The oversized primary suite is a true haven, featuring two spacious walk-in closets and an en-suite bathroom with dual vanities, a beautifully tiled shower, and a relaxing jetted tub. Out back, the fully fenced yard includes a storage shed, an expansive deck, and additional patio space — perfect for grilling, entertaining, and enjoying warm Carolina evenings. The crawlspace has been professionally encapsulated, offering added peace of mind, improved efficiency, and long-term durability. Don't miss the opportunity, to make this one yours!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
