1027 Pinwheel Loop # 3103, Myrtle Beach, SC 29577
2 beds · 2 baths · 1,300 sqft
Adorable, spacious 2-bedroom, 2.5 BA furnished townhome approximately one mile from the blue Atlantic Ocean. This townhome is ready for you and comes furnished and has all appliances, including the washer and dryer. Enter a foyer area and be greeted by an open, airy floor plan. Coat closet is at entry and living room is to your right and leads into the kitchen and dining area. For your convenience, find a half bath on main level near kitchen, dining, and family room. Laundry room is complete with washer and dryer and is located on the first level. Kitchen is equipped with dishwasher, refrigerator, range and garbage disposal. There is also a breakfast bar and breakfast area, plus a large dining room area. Sliders from kitchen lead to a large, covered porch, with attached storage, perfect for outdoor entertaining and privacy backing up to a green area. Venture upstairs and find 2 large master bedrooms, each with a walk-in closet and bath ensuite. One of the bedrooms has a cozy window seat and the other overlooks a wooded area. Building has new roof (2024). Unit is first floor and spectacular. Located in a gated Community. The unit is VA approved as well! Large furnished townhome boasting 2.5 baths and is located in the heart of Myrtle Beach. See it, you'll want to call it yours.
Source: MYRTLEBEACH #2504444
Financials
Source: MYRTLEBEACH #2504444
Source: Public records
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%. 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.
Other resourcesWhat is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.