113 Lake Carolina Blvd, Columbia, SC 29229
3 beds · 2 baths · sqft sqft
Welcome home to this Low Country single story Bungalow newly renovated with designer finishes. Low maintenance concept with established shrubs and seasonal flowers. Irrigation system in front and backyard. Amazing private white stone courtyard with a 12 ft. wood burning fireplace. 12 inch posted Arbor, barn wood shutters and unique light fixtures makes for a relaxing retreat. Oversized double garage with an unfinished carriage house. This space is wonderful for storage or finish for additional rental income. This home is light and open.It has lots of large tall windows letting in natural sunlight. Inside Features include: New A/C 2024 34 ft. custom Savannah handmade brick wall Hardwood floors throughout Heavy moldings Designer and hand crafted light fixtures in all rooms 10" smooth ceilings and 9" doors in all rooms. Kitchen- Chef's with Gas range 42" cabinets 33" oversized white farm sink 12" beveled white subway tile to the ceiling white quartz countertop undermount microwave Bathrooms have modern farmhouse cabinets and sinks. Master bedroom is spacious with large walk in closet. Custom closets with cabinets for organization. Third bedroom is currently used as an office. There are many more special features to the modern bungalow. This home is within walking distance to the Lake, Pool or Town Center. The Town Center offers Restaurants, Pet grooming, Gym, Grocery store, nail salon,Eye doctor and many more. Don't miss this rare opportunity to love where you live.....
Source: COLUMBIASC #583830
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #583830
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #583830