Finding the right home in Wildewood is all about the feeling & this one delivers! Nestled on a quiet cul-de-sac, this custom built brick beauty blends classic charm with thoughtful design and exceptional living spaces. A grand brick stairway & front porch lead you to the impressive main living area. With soaring 9 foot ceilings, detailed molding, and a striking fireplace that anchors the space. Perfect for both relaxing evenings and entertaining guests. Just beyond, the formal dining room shines with a statement chandelier, intricate trim work, and French doors that open seamlessly to your private outdoor retreat. Enjoy year round living outside with a screened in porch, open patio, and a fully fenced backyard offering both privacy and space to unwind. Inside, the kitchen is a true standout designed with the chef in mind featuring a butcher block island, custom countertops, and ample space to gather and create. The primary suite located on the main level is a retreat of its own! Complete with private backyard access, a cozy fireplace, and a spa inspired bathroom designed for both comfort and style. Function meets convenience with a well placed mudroom, built ins, and laundry area just off the garage, making everyday living effortless. Upstairs, a spacious loft provides additional flexibility, while two bedrooms share a Jack-and-Jill bath complete with a garden tub, separate shower, and dual vanities. The oversized FROG/media room is the ultimate flex space! Perfect for entertaining, movie nights, or hosting guests featuring a wet bar with a wine cooler and built in cabinetry. This home offers the space, character, and lifestyle today’s buyers are searching for all in one of the area’s most sought-after neighborhoods. Conveniently located near Sandhills shopping complex, Sesquicentennial State Park around the corner, I 77 which gives you quick access to downtown Columbia, Fort Jackson, & even Shaw Air Force Base. Schedule your private showing today before it’s gone. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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.
