BEST VALUE IN HILLSBOROUGH — CUL-DE-SAC LOCATION + PRIVATE BACKYARD + 4 TRUE BEDROOMS + 3 FULL BATHS ON ONE OF THE LARGEST LOTS IN HILLSBOROUGH! Tucked away on a quiet cul-de-sac in one of Conway's most sought-after communities, this beautifully maintained 4-bedroom, 3-bath brick-front home offers the perfect combination of space, privacy, and location. Situated on one of the largest homesites in the neighborhood and backing to HOA land, this property presents a rare opportunity to create the backyard oasis you've always dreamed of—with plenty of room for a private pool, outdoor kitchen, fire pit, and fully fenced yard. Step inside and you'll immediately appreciate the bright, open feel created by abundant natural light, soaring ceilings, and rich hardwood flooring throughout the main living areas. The inviting living room features a cozy gas fireplace and flows seamlessly into the dining area and well-appointed kitchen complete with stainless steel appliances, tile flooring, and a sunny breakfast nook overlooking the backyard. A vaulted-ceiling office with direct access to the patio provides the ideal work-from-home space, hobby room, or flex area. Designed with privacy in mind, the split-bedroom floor plan places the spacious primary suite on its own wing of the home. Retreat to your private sanctuary featuring a tray ceiling, walk-in closet, and a luxurious ensuite bath with dual vanities, jetted soaking tub, and tiled walk-in shower. Two additional guest bedrooms and a full bath are located on the opposite side of the main level, while upstairs you'll find an oversized guest suite complete with vaulted ceilings, new luxury vinyl plank flooring, a walk-in closet, and full bath—perfect for guests, teenagers, or multi-generational living. Outdoor living is where this home truly shines. Relax on the rear patio while enjoying the peaceful setting and extra privacy provided by the expansive backyard and natural buffer behind the property. Additional features include a smart irrigation system, whole-house fan, newer HVAC condenser and thermostat (2020), and a two-car garage. Residents of Hillsborough enjoy outstanding amenities including a community pool, clubhouse, tennis courts, and playground, all conveniently located near International Drive with easy access to downtown Conway, shopping, dining, award-winning golf courses, and the beautiful beaches of the Grand Strand. Large lots, flexible floor plans, and private settings like this are becoming increasingly difficult to find. Don't miss your opportunity to own one of Hillsborough's most desirable homes—schedule your showing today before someone else calls it home.
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.
