Nestled on 1.76 acres of picturesque Lowcountry landscape, this exceptional Chisolm Green retreat offers the perfect balance of privacy, natural beauty, and convenience--just minutes from Charleston's renowned dining, shopping, and waterfront attractions.A circular driveway welcomes you to a home thoughtfully designed to embrace its stunning surroundings. Expansive porches, breathtaking sunset views, refreshing marsh breezes, and evenings gathered around the fire pit create an atmosphere that feels worlds away from the everyday. Positioned to capture sweeping marsh and Stono River vistas, the home features generous indoor and outdoor living spaces that encourage relaxation and a seamless connection to nature.Although waterfront, the home is not elevated and is not located within a flood zone, providing easy accessibility with only a few steps at the front entrance. Inside, abundant windows flood the home with natural light while framing beautiful marsh and landscape views throughout the main living areas. The versatile floor plan includes a dedicated office, formal living and dining rooms, and an upstairs great room complete with a wet bar--ideal for entertaining or accommodating guests. The well-appointed kitchen features a large center island, JennAir gas range, oversized pantry with pull-out shelving, spice cabinet, granite countertops, and recessed lighting. A conveniently located laundry room is situated on the main level. Throughout the home, you'll find a carpet-free interior, including beautifully refinished original hardwood floors. With three bedrooms and three-and-a-half baths, everyone enjoys comfort and privacy. Each bedroom includes its own en-suite bath, while an additional powder room serves guests. Two bedrooms are located on the first floor, while the spacious primary suite occupies the upper level. Recent improvements provide both peace of mind and modern efficiency, including a new 30-year architectural roof (2020), encapsulated crawlspace, updated HVAC systems--including a Lennox 5-ton 16-SEER unit--new ductwork, and a replaced main septic line. Additional upgrades include recently smoothed ceilings, a replaced garage roof, and a termite bond maintained by the current owners. Outdoor enthusiasts will appreciate the property's exceptional storage and parking capabilities. A permitted 18' x 30' metal storage building offers ideal boat storage, while the detached garage can accommodate up to four vehicles and currently includes a workshop space. The owners have also recently constructed a boathouse with its own dedicated driveway. Residents of Chisolm Green enjoy a low annual HOA fee and access to a private community dock, where neighbors often gather for coffee socials and barbecues. Conveniently located less than five miles from Limehouse Boat Landing and close to popular local favorites including Wild Olive, The Tattooed Moose, Stono Market & Tomato Shed Café, Sunrise Bistro, and Lost Isle, this remarkable property offers the best of Lowcountry living--privacy, natural beauty, boating access, and everyday convenience.
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.
