Located beneath the canopy of moss-draped oaks that welcome you into Swygert's Landing, this Johns Island retreat captures the kind of Lowcountry lifestyle buyers move here to find. Set on a desirable corner lot beside open green space, this thoughtfully designed three-story home offers four bedrooms, three full baths, and two versatile bonus rooms -- room to spread out, entertain, and enjoy life both indoors and out, all in a community where your boat can live right in your driveway.Inside, warm wood floors, upgraded trim details, wainscoting, recessed lighting, and fresh interior paint create a polished, move-in-ready feel throughout, while a tankless water heater keeps everyday living efficient. At the heart of the home, the gourmet kitchen opens to the main living area in a true op-- featuring quartz countertops, stainless steel appliances, a gas cooktop, wall oven, microwave, tiled backsplash, abundant cabinetry, and bar seating perfect for casual mornings or gathering with friends while dinner is being prepared. One of the home's most desirable features is the first-floor guest suite with a private ensuite bath -- ideal for multigenerational living, long-term guests, or the flexibility of a true mother-in-law suite. Two bonus rooms add even more flexibility -- the first, oversized and open, easily functions as a media room, second family room, playroom, or home gym, while the third-floor walk-up offers endless versatility as a studio, office, study, or easily accessible storage area. The primary suite was designed with relaxation in mind, featuring a private balcony, spacious walk-in closet, and beautifully tiled shower enclosure that feels like a private spa retreat. Outside, the lifestyle only gets better. Unwind on the screened-in back porch, gather around the fire pit on cool evenings, and start your mornings beside the warm glow of the gas lantern. Afternoons are made for the water -- residents of Swygert's Landing enjoy access to a neighborhood creek launch where you can kayak directly from the community, while the John P. Limehouse Boat Landing is only 10 minutes away for larger boating adventures. As a golf cart community, Swygert's Landing adds another layer of convenience -- hop in and ride to the neighborhood pool, playground, amenity center, or the new Johns Island Elementary School with ease. Local farmers markets, fresh seafood, charming coffee spots, and the natural beauty of Johns Island are all close by, while downtown Charleston, Kiawah, and Folly Beach remain within easy reach. This is more than a home -- it's the kind of Lowcountry lifestyle buyers hope to find but rarely do.
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.
