Welcome to 1845 Bermuda Stone Rd, where comfort, style, and everyday livability come together in the heart of Carolina Bay, one of West Ashley's most sought-after communities. Known for its friendly, family-oriented atmosphere, Carolina Bay offers a lifestyle that's hard to replicate; beautiful parks, scenic walking trails, three community pools, and a true neighborhood feel that makes it easy to feel at home. Thoughtfully maintained and designed with both functionality and flow in mind, this home offers an inviting balance of warmth and openness from the moment you step inside. A welcoming foyer sets the tone, leading into light-filled living spaces accented by gleaming floors and a seamless layout that feels both spacious and connected.The open-concept design is ideal for modern living, perfect for entertaining, gathering, or simply enjoying day-to-day life. At the center of the home, the kitchen offers ample cabinetry, generous counter space, and a natural connection to the dining and living areas, creating a space that is as practical as it is inviting. The primary suite provides a private retreat, complete with a well-appointed en suite bath and a sense of calm separation from the rest of the home. Additional bedrooms offer flexibility to suit your needs, whether for guests, a home office, or creative space. Step outside and the home truly comes to life. The beautifully landscaped backyard is designed for entertaining, featuring a large private pool overlooking the pond, creating a peaceful and picturesque setting. Whether hosting gatherings, enjoying long summer days, or unwinding in the evening, this outdoor space delivers a level of lifestyle that's hard to find. Living in Carolina Bay means more than just owning a home, it's about enjoying a connected, active lifestyle. With miles of walking trails, green spaces, and amenities designed for both relaxation and recreation, it's a community that continues to draw those looking for both convenience and quality of life. Conveniently located near shopping, dining, and major roadways, 1845 Bermuda Stone Rd delivers the best of West Ashley living; combining accessibility, charm, and a true sense of place. This is the kind of home that simply feels right the moment you walk in, move-in ready, thoughtfully cared for, and ready for its next chapter.
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.
