Welcome to 165 Joanna Gillard Lane, a spacious and beautifully appointed home tucked away on a quiet cul-de-sac street in Georgetown’s highly sought-after Wedgefield Plantation. Built in 2018 and situated on approximately 0.30 acres, this 5-bedroom, 3-bath home offers over 2,664 square feet of thoughtfully designed living space, with a large backyard backing to peaceful woods for added privacy. Inside, you’ll find an inviting open-concept floor plan ideal for both everyday living and entertaining. The kitchen is beautifully finished with granite countertops, custom cabinetry with charming beadboard accents, pendant lighting over the oversized granite-topped island, stainless steel appliances, and a generously sized pantry. The spacious living area is centered around a warm gas fireplace with stone surround and wood-trimmed mantle, creating a comfortable gathering space. The flexible layout offers excellent separation and functionality. The downstairs primary suite is privately positioned on one side of the home, while two additional bedrooms and a full bath are located on the opposite side. Upstairs provides even more versatility with a large open flex/bonus room with alcove, a full bathroom with walk-in shower, and two additional bedrooms positioned on opposite sides, offering ideal space for guests, hobbies, a media room, or a home office. Additional valuable upgrades include solar panels, a Rinnai tankless water heater, an ATMOX whole-house fresh air exchange/dehumidification system, and a Ring doorbell, adding comfort, efficiency and security. Life in Wedgefield Plantation offers more than just a beautiful home—it’s a true Lowcountry lifestyle. This established golf course community is known for its scenic setting along the Black River, shaded by majestic live oaks dripping with moss, and offering a relaxed, welcoming atmosphere. Residents enjoy low HOA fees, access to the gated private community boat landing and dock, and convenient access for boating, fishing, and exploring the Black River, Waccamaw River, Intracoastal Waterway, Winyah Bay, and beyond. Golf lovers will appreciate the neighborhood’s popular 18-hole golf course, while the quiet streets are perfect for golf cart rides, walking, and biking. Residents of Wedgefield Plantation can also enjoy dining at the Wedgefield Country Club's historic Brick House Pub & Bistro, next to the Manor House, a true neighborhood landmark. The Brick House Pub & Bistro is home to renowned Chef Eddy Chacon and a favorite local spot for delicious food, drinks in a welcoming atmosphere. Conveniently located just minutes from historic downtown Georgetown, you’ll enjoy easy access to Harborwalk, waterfront dining, boutique shopping, and the charm of South Carolina’s third-oldest city. Pawleys Island beaches are just a short 30-minute drive away, with Myrtle Beach and Charleston both within about a one hour drive. This home is priced to encourage a prompt sale. This is an exceptional opportunity for buyers to secure a spacious, upgraded home in one of Georgetown’s most desirable communities. Book your showing today! ****Some photos in this listing have been virtually staged. ****
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.
