124 Pilgrim Point Dr, Lexington, SC 29072
3 beds · 3 baths · sqft sqft
HUGE PRICE IMPROVEMENT!! Stunning all-brick residence in the prestigious lakefront gated community, Pilgrim Point. Zoned for Lexington One Schools. As you enter, you are greeted by breathtaking Lake Murray views. This exquisite home boasts superior construction, featuring a custom-built in-ground pool and hot tub. Perfect for outdoor entertaining, the property includes a stone fire pit and a relaxing poolside area under a custom awning. The main floor showcases hardwood floors and intricate moldings throughout. Experience a grand entrance into the living room, accentuated by two-story ceilings, custom shutters, a gas fireplace, and built-ins on either side of fireplace. The gourmet kitchen, Updated cabinets, is equipped with granite countertops, new appliances, complemented by a cozy gathering area. The master bedroom is conveniently located on the main level, featuring an elegant bathroom with his-and-her closets, double vanities, a makeup counter, a separate shower, and a whirlpool tub. The spacious laundry room includes cabinetry and a sink. An open staircase leads to the second floor, where you will find two large bedrooms connected by a Jack and Jill bathroom. An oversized entertainment room offers versatile use, complete with a closet. Additional features include a shared dock ensuring easy lake access. The community provides amenities such as lake access, boat storage, a community boat ramp, a gazebo, and a beach area for entertaining guests. There is also dry storage available for your boat during the off-season. No expense was spared in the construction of this magnificent home. Located in close proximity to the town of Lexington, this property offers unparalleled luxury and convenience. Schedule your preview appointment today!
Source: COLUMBIASC #589818
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #589818
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: #589818