Nestled beneath mature trees along the historic Highway 61 corridor, this charming Pierpont area home offers the perfect blend of classic Charleston character and thoughtful updates--all in a location that keeps you close to everything. Situated at the earlier stretch of Highway 61, you'll enjoy easy access to the scenic plantation district while still being just a short drive to downtown Charleston, making daily commutes and weekend adventures equally convenient.The moment you arrive, the deep, welcoming front porch sets the tone for this home's relaxed Lowcountry lifestyle. It's the kind of porch made for morning tea, quiet evenings, and conversations with neighbors beneath the shade of the grand oaks.Inside, beautiful wood floors carry you through the main living spaces into asurprisingly spacious eat in kitchen--larger than you might expect for a home of this era. With stainless appliances- including a gas range- the kitchen balances modern functionality with the home's original charm. But the real magic happens out back. The expansive screened porch feels like a private retreat, overlooking the large fenced backyard and surrounded by birdsong and towering trees. Whether you're working from home with a laptop, hosting friends for dinner, or simply enjoying a quiet afternoon, this peaceful outdoor living space quickly becomes the heart of the home. One of the home's most unique features is the generously sized primary suite addition, which offers something rarely found in homes of this vintage--a large primary bathroom and two walk-in closets, providing comfort and storage that older homes typically lack. Step into the backyard and you'll find mature fruit trees, including a productive orange tree that yields delicious fruit, adding another special touch to this already charming property. Additional highlights include paid-off solar panels for lower energy costs, an encapsulated crawlspace, a powered storage shed, and a spacious fenced yard perfect for relaxing or entertaining. This area is known for its canopy of beautiful trees draped in Spanish Moss--you'll enjoy neighborhood strolls, nearby Dogwood Park, and Pierpont Boat Landing less than a quarter mile away, offering quick access to Church Creek and the water. Grocery stores, restaurants, hospitals, and major roadways are all just minutes away. This home offers the rare combination of Charleston charm, peaceful outdoor living, and a location that keeps the best of the Lowcountry close at hand.
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.
