Welcome to 230 Bird Song Path, your new address for luxe Lowcountry living in the sought after original section of Summers Corner Village. This stunning semi-custom home was built by Sabal Homes (now Toll Brothers) in 2017 and is situated on a premier corner lot. Boasting 2,824 SF comprised of 4 bedrooms and 3.5 baths featuring the primary suite on main, this home exudes sophisticated Southern charm and is loaded with custom upgrades offering a clear departure from standard builds. From its sprawling covered front porch with gas lantern to the thoughtfully designed interior layout, this home is a must see! Step inside and discover hand-scraped hardwood floors, Craftsman style trim, and elegant wainscoting in the formal dining room. The heart of the home is a gourmet chef's kitchen,a culinary dream featuring white cabinetry, a deep porcelain farmhouse sink, stainless vent hood and appliances, double convection ovens, a 5-eye gas cooktop, and a quartz covered extended island with built-in shelving and an eat in dining area. A butler's pantry connects the kitchen and dining for effortless entertaining. The adjacent family room, anchored by custom built-ins and coffered ceilings, offers a refined gathering space. Tucked away for privacy, the main floor primary suite boasts coffered ceilings, lush burber carpeting and a spa like bath with a jetted soaking tub, oversized frameless glass shower with custom tile, and granite topped double vanity. The impressive walk-thru closet features custom built-in organization and opens directly into the laundry room and a spacious mudroom with beautiful brick flooring where a drop zone and built-in desk provide the perfect work-from-home solution. Upstairs, oak treads lead to a versatile oversized loft and three additional bedrooms with two full baths, including one private en suite. The backyard is a private oasis for immersive outdoor living featuring a screened porch that transitions to a paved bistro patio with cafe lights, perfect for outdoor dining, a privacy fenced yard with garden beds, and a rare 22x22 detached garage offering 484 SF of premium storage. All of this is just a short stroll to the beloved Corner House Café, Summerville Performing Arts Center, Sand Hill Elementary, Rollings Middle School of the Arts, the future Publix, and the community pool. Explore miles of walking and jogging trails, serene pocket parks, take Fido to the dog park, or enjoy fishing and kayaking on the 95-acre Buffalo Lake. There is something for everyone in Summers Corner- your new address awaits you!
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.
