Tucked at the end of a peaceful cul-de-sac, this spacious 4-bedroom, 3-bathroom home offers functionality, charm, and an entertainer's dream backyard- all on nearly a third of an acre. From the moment you step onto the inviting front porch, you'll feel right at home. Inside, hardwood floors flow throughout the main level, and the layout offers both openness and warmth. A dedicated dining area greets you at the entry and opens into a bright living room with soaring two-story ceilings, a gas fireplace, and a balcony overlook from above. Natural light pours in from every angle, creating an airy and welcoming vibe. The kitchen is beautifully appointed with wood cabinetry, a center island, and a cozy eat-in nook framed by large windows with views of the backyard. There's also a walk-inpantry and a spacious laundry room just off the garage complete with shelving for extra storage and convenience. A huge bonus on the first floor is a private guest bedroom with a walk-in closet and access to a full bathroom- ideal for visitors, a home office, or multi-generational living. Upstairs, you'll find two generously sized guest rooms with large closets and a full hallway bathroom. The primary suite spans its own corner of the home, offering a serene escape with plenty of room to relax. The ensuite bathroom features dual vanities, a soaking tub, separate shower, and a large walk-in closet. Out back, this home truly shines. Step through the screened-in patio to your private outdoor retreat- complete with a custom deck, outdoor bar, above-ground pool, and even a half-court basketball area! Additionally a powered shed offers flexible space for a she shed, man cave, workshop, studio- whatever suits your lifestyle. And for peace of mind, a Generac whole-home generator is already in place ready to keep everything running when you need it most. With a 2-car garage, over 2,600 square feet of living space, and thoughtful details throughout, this home offers the space you need, the comfort you want, and the Charleston lifestyle you've been waiting for. Schedule your showing 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.
