Welcome to this beautifully maintained, model - perfect 3 bedroom, 2 bath home offering exceptional style, comfort and coastal inspired charm. From the inviting front porch to the bright, open interior, every detail has been thoughtfully designed. Step inside to a spacious open floor plan featuring elegant, coffered ceilings, abundant of natural light and designer finishes throughout. The gourmet eat in kitchen boasts granite countertops, tasteful backsplash, stainless steel appliances, large custom island with ample cabinet space with soft close- ideal for entertaining or everyday living. The living and dining areas flow seamlessly together, highlighted by beautiful flooring and custom detailing. The serene primary suite offers a generous walk in closet and spa like bath with double vanities, garden tub and large walk in shower. Two additional bedrooms provide flexibility for guests or an office. Step out into your enclosed sunroom to relax or out to your private backyard oasis with a large patio and saltwater gunite pool. This home sits on almost a half acre lot and features tons of upgrades- finished garage, irrigation system and much more! Bridgewater is an amenity rich community with a large clubhouse with a catering style kitchen perfect for private parties and social gatherings. A state of the art fitness center with virtual fitness classes, a resort style pool with lap lanes and lounging space is surrounded by deck chairs and private cabanas.There’s also pickleball courts and a bocce court, a friendly fire pit, a kayak launch and an enormous outdoor cookout area at the covered pavilion with outdoor grills and televisions. Come live the Good Life at Bridgewater! Amazing location close to hospital, Highway 31, North Myrtle Beach and Calabash. This home won't last long, schedule your 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.
