105 Old Carriage Ct, Myrtle Beach, SC 29588
3 beds · 2 baths · 2,100 sqft
HOME HAS POTENTIAL FOR FINANCING WITH ZERO MONEY DOWN & NO PMI! Call me for contact information about financing programs. Located in community of Brandymill, convenience is key with this home's proximity to Market Common shops, entertainment, and restaurants. Less than 5 miles to reach the sandy shores and enjoy the beach! Inside, the home exudes a cozy yet modern ambiance, with the living room, dining area, and kitchen centrally located in the home. It is a split floor plan, with the primary ensuite on one side of living areas and two bedrooms with a hall bath on the other. Natural light pours in through large windows (sliding glass doors) morning to mid-afternoon in the central part of the home. And no worries about the roof because it was just installed in 2022! The kitchen boasts newly installed countertops with a black stone backsplash and a new black cast iron sink. All stainless-steel kitchen appliances with ample cabinet space and a spacious pantry. The kitchen also has a breakfast nook situated beside sliding glass doors to look out on the back patio. If you are wanting a more open living/kitchen open space you could do some renovating and remove the wall separating the kitchen and family room because it is not a load bearing wall (visible from pictures) and create an island to connect the family room and kitchen. If you have school aged children, you are just minutes away from the zoned elementary, middle, and high schools they will attend. An added bonus is the home is situated on a cul-de-sac with a driveway large enough for 6 cars, in addition to the 2 car garage, and a completely fenced in backyard! Outside, the expansive backyard is a haven for outdoor enthusiasts, offering plenty of space for gardening, play, or simply unwinding under the shade of mature trees and enjoying the blooming flowers. Imagine summer barbecues with friends or quiet mornings sipping coffee surrounded by nature. PLENTY OF ROOM IN BACKYARD TO INSTALL A POOL! Mini
Source: NORTHCAROLINAREGIONAL #100492105
Financials
Source: NORTHCAROLINAREGIONAL #100492105
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.