Searching for a 4-bedroom home in Coosaw Preserve with the flexibility of a potential fifth bedroom, over 3,300 square feet, modern upgrades, and access to the award-winning Dorchester School District Two? Welcome to 9737 Table Mountain Lane, where spacious design, exceptional comfort, and an unbeatable location come together to create a home that grows with your lifestyle.A beautifully maintained residence in the highly sought-after Coosaw Preserve community, offering 4 bedrooms, 3.5 bathrooms, and an impressive 3,322 square feet, this spacious home sits on a desirable corner lot and deThe expansive bonus room over the garage easily serves as a fifth bedroom, media room, home office, fitness space, or playroom, making it ideal for growing households, multi-generational living, or anyone needing additional room to fit their lifestyle. Designed with both everyday living and entertaining in mind, the open-concept floor plan features a gourmet kitchen complete with an oversized granite island, built-in gas oven, stainless steel hood, gas cooktop, stainless steel appliances, abundant cabinetry, and generous prep space. Hardwood flooring, ceramic tile, tray ceilings, smooth ceilings, and two gas fireplaces create warmth and timeless elegance throughout the home. Multiple living spaces, a formal dining room, and a screened porch provide the perfect setting for gatherings both inside and out. The spacious primary suite offers a true private retreat with its own sitting room, walk-in closet, garden tub, separate tiled shower, and one of the home's two gas fireplaces. A guest bedroom with an adjoining full bath and two additional bedrooms connected by a convenient Jack-and-Jill bathroom provide comfort and privacy for family and visitors alike. Recent updates include replacing the HVAC with a new furnace and cooling unit in 2023 and brand new carpet. Additonal features of the home include a tankless water heater, and energy-efficient radiant barrier roof decking, giving buyers peace of mind and long-term value. Residents of Coosaw Preserve enjoy walking trails, sidewalks, a resort-style pool, clubhouse, playground, parks, and a vibrant community atmosphere. Conveniently located just minutes from I-26, Nexton, Historic Downtown Summerville, Charleston International Airport, Joint Base Charleston, Boeing, Bosch, Publix, Harris Teeter, Lowe's, Walmart, and an abundance of shopping and dining, this home also offers access to the award-winning Dorchester District Two Schools, including Joseph Pye Elementary, Oakbrook Middle School, and Fort Dorchester High School. If you've been searching for a 4-bedroom home in Coosaw Preserve that combines exceptional space, thoughtful updates, flexible living, and outstanding value, this home is ready to exceed your expectations.
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.
