Welcome to your new address! 310 Woodgate Way becons you onto the full front porch to relax and discover what Low Country living is all about. Inside you'll discover a semi-custom home filled with style, comfort, and flexibility located in the prestigious original Village section of Summers Corner. Offering 2,298 square feet of finished space, this thoughtfully designed home features 3 bedrooms, 2.5 baths, and a generous unfinished attic with endless potential, even room for a 4th bedroom. Built in 2018, the home showcases a versatile floorplan and stylish upgrades throughout. The main level features wide-plank LVP flooring, oak stair treads, and an open flow that seamlessly connects formal and casual living areas. The primary suite is privately tucked away on the main floor, overlookingthe backyard and offering a spa inspired retreat with a soaking tub, walk-in shower, and spacious closet. The stunning kitchen is the true centerpiece of the home. Outfitted with rich walnut stained cabinetry, granite countertops, and stainless steel appliances, including a gas cooktop and double convection ovens, this kitchen is designed for both culinary adventures and everyday living. The large center island, featuring a deep single bowl stainless steel sink, invites family and friends to gather around while meals are prepared. Just off the kitchen, you'll find a butler's pantry with a built-in wine fridge and walk in pantry. Flow effortlessly into the formal dining room, where elegant wainscoting enhances the ambiance, setting the tone for memorable dinner parties and celebrations. A separate front sitting room offers flexibility- ideal as a quiet reading nook, home office, or cozy music room. The inviting family room centers around a gas fireplace, creating a warm and welcoming space to relax after a long day. Upstairs a loft area and two generously sized bedrooms share a full bathroom, providing ample space for family or guests. The expansive unfinished attic opens up unique possibilities whether you dream of a fourth bedroom, a private workout studio, a creative art space, or a media room, this home adapts to fit your needs. Step outside onto the oversized screened porch, upgraded with beautiful tile flooring and a retractable sun shade, and enjoy a serene spot for morning coffee or evening cocktails. The private fenced backyard is your private oasis, complete with a built in firepit area, mature plantings that provide privacy and charm, and a grilling station with a dedicated gas grill perfect for weekend barbecues and entertaining friends and family. As part of the vibrant Summers Corner Village community you'll enjoy access to exceptional amenities including a sparkling community pool and the stunning 95-acre Buffalo Lake, complete with an activity pavilion, fire pit, fishing docks, and kayak launch. Walk to community parks, the Corner House Café, top-rated schools, and the Summerville Performing Arts Center, all just steps from your door. This home blends elegant design with everyday functionality, wrapped in the charm and lifestyle only Summers Corner can offer. Schedule your showing today and come experience everything this exceptional home and community have to offer.
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.
