Built in 2022 and situated on a spacious 0.73-acre homesite in the highly desirable Hagley Estates community, this beautifully appointed 4-bedroom, 3-bath home offers the perfect blend of modern style, thoughtful design, and Lowcountry living, all with no HOA. A welcoming front porch leads into a bright, open-concept floor plan where the kitchen and living room flow seamlessly together, creating an ideal space for both everyday living and entertaining. The living room is anchored by a cozy electric fireplace, while the kitchen features quartz countertops, a large single-basin sink, stainless steel appliances, abundant cabinetry, and a generous pantry. A formal dining room showcases elegant picture frame molding, adding warmth and architectural character. Luxury vinyl plank flooring extends throughout the main living areas, while the thoughtfully designed split-bedroom floor plan provides privacy for the primary suite. The spacious owner's retreat features a custom accent wall with decorative molding, a large walk-in closet, and an ensuite bath complete with a double sink vanity, linen closet, and beautifully tiled walk-in shower. Two guest bedrooms share a well-appointed full bath on the main level, while the upstairs bonus suite offers incredible flexibility as a fourth bedroom, guest retreat, home office, or media room with its own walk-in closet and private full bath. Step outside to enjoy the screened porch and open patio overlooking the expansive backyard, offering plenty of space to entertain, relax, or create your own outdoor oasis. The generous lot provides room for a future pool while still leaving ample green space to enjoy. An attached two-car garage and extended parking area offer plenty of room for boats, RVs, golf carts, and additional vehicles. Hagley Estates is one of Pawleys Island's most established and sought-after communities, known for its large homesites, mature trees, and relaxed coastal atmosphere. With no HOA, homeowners enjoy added flexibility while being just minutes from the public boat landing on the Waccamaw River, beautiful Pawleys Island beaches, shopping, dining, and Founders Club Golf Course. Whether you're spending the day on the water, enjoying a round of golf, or relaxing at the beach, this exceptional location offers the very best of Pawleys Island living.
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.
