Welcome to Strawberry Station -- a charming community conveniently located near Goose Creek and the town of Moncks Corner. This well-maintained home offers 3 bedrooms plus a versatile bonus room with space to add a closet and convert to a 4th bedroom. Two guest bedrooms and a full guest bath are located just off the main entryway. Continuing down the hallway, you'll find the bonus room, a spacious laundry room, a coat closet, and access to the garage. The private primary suite is situated toward the back of the home and features a spa-like bathroom with a tile shower and rain shower head, separate vanities, linen closet, toilet closet, and a large walk-in closet. The open-concept kitchen, dining, and living area creates an ideal space for entertaining.The kitchen boasts a large island with farmhouse sink and granite countertop, gray quartz countertops throughout the remainder of the kitchen, a 5-burner gas range, stainless steel appliances, and a walk-in pantry. Luxury vinyl plank flooring runs throughout the main living areas, bonus room, and primary bedroom. Brand-new Shaw carpeting has just been installed in the two guest bedrooms, and both bathrooms feature tile flooring. Additional highlights include pre-wiring for speakers in the living room, primary bedroom, bonus room, and back patio, along with Alexa-enabled lighting throughout the home. The spacious, fenced backyard includes a playset and offers plenty of room to relax or entertain. Strawberry Station is a boat- and RV-friendly community and even hosts a food truck every Wednesday night. Conveniently located just 8 minutes from Cypress Gardens Boat Landing on the Cooper River and only 3 minutes from Publix, local shops, and dining. Don't miss your opportunity to make this beautiful home yours schedule your 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.
