116 Backhurst Dr, Summerville, SC 29486
5 beds · 4 baths · 3,179 sqft
Get a free consultation call with an expert in the mortgage assumption process.
** Ask about 1% credit towards closing costs ** Welcome to your dream home where sophistication meets functionality! This beautifully designed luxury residence was built by Toll Brothers in 2021 and features 5 bedrooms, 3.5 baths, 3179 sqft, located in Carnes Crossroads!! The heart of the home boasts a bright and open layout perfect for relaxing and entertaining! Complete with a gourmet chef's kitchen that has a GAS cooktop, pot filler, huge pantry, quartz countertops, tiled backsplash, farmhouse sink and a Massive kitchen island! Striking shiplap ceilings that add architectural interest and warmth to the living spaces blending modern luxury with timeless charm. Home has high end plantation shutters on most windows, crown molding and luxury vinyl wood floors throughout!Dimmable recessed lighting for custom ambiance & separate dining room. The spacious DOWNSTAIRS PRIMARY SUITE offers a peaceful retreat, complete with a private spa-like bathroom featuring custom tilework in the shower and generous walk-in closet that conveniently connects directly to the separate laundry room! Upstairs features a spacous FLEX SPACE with high end exquisite custom built-in shelving, judges paneling on the walls and a HIDDEN ROOM!!! That's right a Hidden room!! From the elegant living areas to the thoughtfully crafted cabinetry, every details has been curated for comfort and class! Upstairs has 4 spacious rooms that share a full bathroom and one of the bedrooms has its very own private bathroom and is considered as an upstairs dual primary bedroom! Step outside into your own private retreat. The spacious backyard is fully enclosed with a privacy fence and backs up to serene wooded views, offering peace and seclusion! High end extra durable trex wood decking on the front porch as well as the back deck area leading to your very own 19 ft MASTER SWIM SPA POOL!! Enjoy your mornings and evenings in the SCREENED in PORCH or host unforgettable gatherings with friends and family! Spacious detached 2 car garage with an extra-long driveway that has plenty of space for all your vehicles! The exterior showcases durable cement hardie plank siding, rain gutters, Tankless hot water heater, lawn irrigation system, French drain system for optimal yard drainage and a architectural shingled roof! Home is conveniently located near shopping, hospitals, restaurants, grocery stores, entrainment and much much more! Carnes Crossroads has great amenities and a resort style pool with a new award winning amenity center opening soon! This is your opportunity to enjoy a great home in a welcoming community with unbeatable convenience. Please schedule a tour today!
Source: CTAR #25011098
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CTAR #25011098
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.
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.
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.
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 620, 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.