113 Jessica Lakes Dr, Conway, SC 29526
4 beds · 2 baths · 2,051 sqft
New dramatic price improvement. Charming 4-Bedroom Home in Sought-After Jessica Lakes – Conway, SC Don’t miss this incredible opportunity to own a beautiful 4-bedroom home with a Carolina Room, overlooking a private, fenced-in backyard in the desirable Jessica Lakes community. Interior Highlights: • Welcoming covered front porch leading into a bright, open floor plan • Living Room: Gas fireplace, stylish ceiling fan, and hardwood flooring • Dining Room: Elegant tray ceiling with a new light fixture • Kitchen: o Galley-style with white wood cabinets and tile backsplash o Attractive Formica countertops o Stainless steel appliances, smooth-top stove, and microwave range hood o Breakfast bar for casual dining Master Suite Features: • Tray ceiling with ceiling fan • Large walk-in closet • His-and-her sinks and private commode • Whirlpool Tub • Walk-in shower with rain showerhead and sliding glass doors Additional Bedrooms: • Two guest bedrooms share a full bath with a tub/shower combination • Fourth bedroom/study with French doors and a large double window for abundant natural light Laundry Room: • Includes washer, dryer, shelving, and a separate pantry Exterior Features: • Spacious .27-acre fenced backyard backing up to a wooded area for privacy • Fire pit area, mulched flower beds, vibrant plants, trees, and bushes – a true backyard oasis • Large oversized cement patio with privacy fencing and a grilling area • Finished 2-car garage with pull-down attic storage Community Perks: Jessica Lakes offers LOW HOA dues, an unmatched lifestyle with boat/RV storage, sidewalks, fountains, hiking, walking and biking paths and easy access to Highway 90. Conveniently located in Conway, this home is just a short drive to Myrtle Beach, North Myrtle Beach, and Coastal Carolina University. Nearby shopping, dining, and entertainment make this location ideal for enjoying everything the Grand Strand has to offer. This stunning property won’t last long! Contact the listing agent to arrange for a private showing or have your Buyers Agent Realtor® schedule a showing today. ?? All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.
Source: MYRTLEBEACH #2503425
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: MYRTLEBEACH #2503425
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What 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.