Welcome to 150 Peletier Shores—where coastal charm meets modern comfort in one of Carteret County's most desirable waterfront communities! This stunning Bristol floor plan by 70 West Builders offers over 3,200 square feet of thoughtfully designed living space with 4 spacious bedrooms, 3 full bathrooms, and endless upgrades throughout. Step inside to find an inviting open layout featuring a large family room, formal dining with a beautiful coffered ceiling, and a bedroom downstairs with full bath. The kitchen is a true showpiece with sleek quartz countertops, upgraded cabinetry, stainless steel appliances, and a walk-in pantry—perfect for everyday living or hosting friends and family. The upstairs oversized main suite is your private retreat, complete with a spa-inspired en-suite bath featuring dual vanities, a tiled walk-in shower, a relaxing soaking tub, and an expansive walk-in closet. Also upstairs, you'll find two generously sized bedrooms, a flex room above the garage and a conveniently located laundry room. Out back, enjoy evenings on the covered porch or grill out with loved ones while taking in the coastal breeze. The front-load garage adds both curb appeal and functionality, while the community itself enhances the lifestyle with water access, a private dock, boat ramp, and boat storage for residents. Located just minutes from the pristine beaches of Emerald Isle, local shopping and dining, and an easy commute to Camp Lejeune or Cherry Point, this home offers the best of coastal living with everyday convenience. Don't miss your chance to experience the perfect blend of luxury and lifestyle—schedule your private tour of 150 Peletier Shores today!
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.
