Rarely available and perfectly positioned, this stunning 4-bedroom, 2-bathroom residence in the highly sought-after Brittany Park community is the coastal retreat you've been waiting for. Known for its quiet streets and unbeatable central location, homes in this neighborhood are a rare find and move quickly. Step inside to an open-concept floor plan designed for both modern living and effortless entertaining. A chef's kitchen featuring new sleak granite countertops, new high-end stainless steel appliances, and ample cabinetry. 4 bedrooms provide plenty of space for a growing family, a home office, or guests. Vaulted ceilings and large windows light up the home with natural light, highlighting the contemporary finishes throughout. Just past the sliding glass doors your private sanctuary awaits. Escape the summer heat in your own sparkling pool-a luxury feature rarely found in the community. A covered patio perfect for dining, morning coffee, or hosting weekend BBQ's regardless of the weather. Backyard privacy is offered with a fully fenced in back yard making it a safe space for pets and play. Experience the best of Myrtle Beach living with a location that puts everything at your fingertips: -Prime Proximity: Just a short drive (or a quick bike ride!) to the pristine "Golden Mile" beaches. - Centrally Located: Minutes from top-tier shopping, local dining favorites, and major grocery hubs. - Entertainment: Enjoy easy access to Broadway at the Beach, professional golf courses, and the vibrant Grand Strand nightlife. With its premium upgrades and "close-to-everything" location, this Brittany Park gem won't last long. HOA fee includes internet and cable.
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.
