Welcome home to 208 Springrise Lane -- a true showstopper nestled in the highly sought-after Brighton Park Village section of Nexton, one of the Lowcountry's most celebrated master-planned communities. Set on a premier corner lot, this Charleston-inspired beauty makes a lasting first impression with its iconic wrap-around porch overlooking a serene pocket park -- the kind of curb appeal that stops people mid-stroll.Step inside and you'll immediately notice the craftsmanship that sets this home apart. Custom crown molding, designer ceiling fans, smart lighting, and plantation shutters throughout speak to a level of finish rarely found at this price point. Hardwood floors flow through the main living areas, where a formal dining room and a private first-floor office -- complete with customglass doors -- offer the flexibility today's buyers demand. A striking custom-designed staircase anchors the heart of the home. The kitchen is nothing short of a chef's dream -- featuring a massive island, farm sink, pot filler, custom pantry, pull-out drawers, and soft-close cabinetry, all finished with rich countertops and fixtures that elevate everyday living. The open layout flows seamlessly into the family room, making this a natural gathering space for entertaining. The primary suite on the main floor is a true retreat, boasting a spa-worthy bath with a freestanding soaking tub, oversized walk-in shower with dual shower heads, and a professionally designed custom closet system. Upstairs, a spacious loft with a game closet serves as a second living area, flanked by two bedrooms sharing a well-appointed Jack-and-Jill bath and a third bedroom with its own private ensuite. Every secondary bath has been upgraded with tile surround, and every bedroom features professionally installed custom closet systems and upgraded carpet and pad. The tech and comfort details are just as impressive: a whole-home speaker system wired to every bedroom, the office, dining room, family room, and porch; an extra-gig network; dedicated line EV charger along with dedicated line outlets in the garage, low-voltage wiring throughout; and spray foam insulation around all windows and doors for maximum efficiency. The spacious laundry room offers custom cabinetry, and the epoxied garage floor adds that final touch of polish. Out back, a screened porch with two ceiling fans, a TV, and power drops leads to a large fully fenced yard complete with a grilling patio and irrigation system -- your own private oasis. Just minutes from the award-winning dining and retail of Nexton Square, and with easy access to Brighton Park Boulevard and I-26, this home delivers the full Nexton lifestyle -- pools, parks, playgrounds, and miles of walking trails -- all at your doorstep. Homes with this level of finish and this floor plan do not last. Schedule your private 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.
