Welcome to this beautifully appointed Cali floorplan in the highly desirable Stone Ridge community, where modern elegance meets comfortable Lowcountry living. Thoughtfully designed with both style and functionality in mind, this home offers an open-concept layout, quality finishes, Smart Home technology, and exceptional indoor and outdoor living spaces. From the moment you enter, you'll appreciate the bright, airy interior enhanced by abundant natural light and a seamless flow that's perfect for both everyday living and entertaining. The spacious living room opens effortlessly to the dining area and the heart of the home a beautifully designed kitchen featuring a large center island, stainless steel appliances, generous cabinetry, ample counter space, and a walk-in pantry.Whether you're preparing a quiet family dinner or hosting friends for the holidays, this space was designed to bring people together. The private owner's suite is thoughtfully tucked away from the secondary bedrooms, creating a peaceful retreat complete with a spacious walk-in closet and a well-appointed ensuite bath. Three additional bedrooms offer endless flexibility for family, guests, a home office, or hobby space.What truly sets this home apart is its remarkable outdoor living experience. Situated on one of the community's more desirable homesites, the expansive, fully fenced backyard backs to a beautiful, wooded buffer, providing exceptional privacy and a tranquil setting rarely found in newer neighborhoods. With ample space for children, pets, gardening, or even a future pool, this backyard offers endless opportunities to create your own private oasis. Designed to be enjoyed year-round, the spacious screened porch is the perfect place to sip your morning coffee, unwind after a long day, or simply take in the peaceful surroundings. Just beyond, the oversized concrete patio creates an ideal setting for grilling, outdoor dining, and entertaining family and friends. Completing this incredible outdoor space is a new storage shed that offers convenient storage for lawn equipment, tools, bicycles, and seasonal décor while keeping your garage organized. Additional highlights include luxury vinyl plank flooring throughout the main living areas, energy-efficient construction, Smart Home technology, quality name-brand finishes, a spacious two-car garage, and low-maintenance living designed for today's lifestyle. Ideally located just minutes from Lake Moultrie, shopping, dining, schools, parks, and scenic hiking trails, Stone Ridge offers the perfect balance of convenience and outdoor recreation. Offering an exceptional combination of modern comfort, thoughtful design, and an outdoor living space that is truly a rare find, 335 Spruce Ivy Street presents an opportunity you'll be proud to call home. Schedule your private tour 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.
