Curated gardens welcome you at the drive -- something always in bloom, the landscaping effortlessly lush and alive. Then the house itself commands your attention: a true Charleston classic with a grand front porch, authentic storm shutters, stately palms, and a brick facade that is at once timeless and inviting.Inside, the foyer opens to a formal living room finished with hardwood floors, custom built-ins, crown molding, and refined trim. A French door leads to a screened porch that extends living seamlessly outdoors, while the formal dining room -- appointed with bespoke wainscoting, exquisite ceiling moldings, and an elegant chandelier -- sets the stage for memorable gatherings. A charming powder room with a custom live-edge vanity and rich millwork completes the first impression.The chef's kitchen is the heart of the home: custom cabinetry, quartz countertops, undercabinet lighting, and a vast center island anchor the space, with a full stainless appliance package including a gas cooktop, double oven, and built-in microwave. A casual dining nook, coffee bar with beverage cooler, and a tucked-away laundry room with utility sink and folding counter round out the thoughtful layout. The sunroom is pure sanctuary -- marsh-facing windows on every side, serene in every season. The main-level primary suite continues that sense of quiet luxury: oversized marsh views, low-voltage outdoor lighting that softly illuminates the landscape at night, dual vanities, a freestanding soaking tub, a multi-head tiled shower, and a generous custom closet. Upstairs, three spacious bedrooms include a second primary suite with private bath, while the remaining two share a Jack-and-Jill. Every room offers large closets, ceiling fans, and abundant natural light. The home holds one more surprise: approximately 1,000 heated and cooled square feet tucked between the two garages -- a fully outfitted guest suite with bedroom, half bath, wet bar, and an open lounge ideal for a TV room, gym, or in-law retreat. Outside, the covered outdoor kitchen with built-in grill and refrigerator is made for al-fresco evenings. A pool, layered gardens, and an outdoor shower create a private backyard oasis, while the pier opens to sweeping marsh views stretching toward the Ashley River. A gated nature path, abundant wildlife, and ever-changing light make every day here feel like something you earned.
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.
