Welcome to 104 Country Gate Lane, the sought after Primrose MODEL home located in the desirable Azalea Ridge section of Summers Corner. This former model is packed with upgrades and thoughtful design details, offering a move-in ready opportunity in one of Summerville's fastest-growing communities.From the moment you enter, you'll notice the designer shiplap accents, custom wallpaper, and lush irrigation landscaped yard that set this home apart. The open main level features durable laminate flooring, a spacious living area, and a beautifully appointed kitchen complete with granite countertops, gray cabinetry, tile backsplash, stainless steel appliances, and a gas range--all centered around a large island ideal for entertaining.Upstairs, you'll find four bedrooms, two full baths, a generously sized loft, and convenient second-floor laundry. The primary suite offers a peaceful retreat with a large walk-in closet and ample space to unwind. Additional bedrooms provide great closet space, perfect for guests, home offices, or growing households.Enjoy outdoor living on these private, premium homesites, featuring a 6-ft wooden fenced backyard, mature landscaping, and a lawn irrigation system professionally installed and ready for your enjoyment. Located in the DD2 School District with Sand Hill Elementary & Rollings Middle School of the Arts right in the neighborhood, this home also offers access to the unmatched lifestyle of Summers Corner. Current amenities include scenic walking trails, multiple parks, a dog park, community pool, Buffalo Lake for kayaking, and golf-cart-friendly streets. Even more is coming soon, including a waterpark, medical center, and a Publix-anchored shopping plaza with restaurants. This is a rare opportunity to own a former model home that blends modern style, functional living, and a vibrant community lifestyleall in one exceptional location! Seller is open to offering a credit at closing for the refrigerator with an acceptable offer! Schedule a showing 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.
