Seize the rare opportunity to own an architectural designed home at 75 Haig Court, a residence where quality meets the tranquil elegance of the Lowcountry. Occupying a premium fairway lot within the gated Wedgefield Plantation, this custom-built sanctuary makes a commanding first impression with its distinct arched windows. Inside, the home unfolds into a sun-drenched haven defined by soaring 19-foot ceilings in the main living areas and 16-foot heights in the kitchen, all accented by sophisticated plantation shutters and intricate triple crown molding. The heart of the home is a refined living room centered around a tiled mantel fireplace, flowing seamlessly through French doors to a serene screened porch and open wooden deck. Culinary enthusiasts will appreciate the crisp white kitchen, featuring solid-surface counters and a bright morning nook overlooking the manicured greens of the second fairway. Privacy is paramount in the sprawling split-floor plan, where the primary wing serves as a personal sanctuary with its tray ceilings, deep jacuzzi tub, and dual dressing closets. Beyond its aesthetic charm, this estate is engineered for modern resilience and efficiency, boasting a new air conditioning system with a fresh air handler and updated ductwork, all impact-glass windows for storm protection, and an emergency generator. The property is further enhanced by underground utilities, a private well for the integrated sprinkler system, and a massive floored attic that preserves the two-car garage for its intended use. Life in this exclusive enclave offers a gateway to adventure via a private boat landing on the Black River, connecting you to the Intracoastal Waterway and the Atlantic. Avid golfers can join the 18-hole championship club, a local landmark established in 1972 and masterfully envisioned by legendary designers Porter Gibson and Bob Toski. After a day on the links, the historic charm of the Brick House Pub awaits, offering light bites and top-shelf beverages in a relaxed, social atmosphere. 75 Haig Court defines "homes and promises to offer a lifestyle being just minutes from the pristine sands of Pawleys Island and Historic Georgetown.
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.
