1453 Red Sunset Ln, Blythewood, SC 29016
4 beds · 3 baths · 2,950 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This recently built home, with Hardi-plank siding, has many upgrades and is in Cobblestone Park, arguably the finest neighborhood in the entire midlands. This community caters to your lifestyle with golf, fitness and sports, plus social clubs and activities. The gated community’s star attraction is the Cobblestone Golf Course, a 27-hole course designed by P.B. Dye that is home to the USC golf. The clubhouse is 28,000 sf and has the pro-shop, event center, and Alexanders restaurant. The covered outdoor patio overlooks the green of the iconic par 5 finishing hole and is a great place for a cold drink at the end of the day. Other amenities include pools, park and soccer field, indoor and outdoor basketball court, tennis courts, and fitness center. The home has hardwood floors, granite counters in kitchens and bathrooms, stainless steel appliances, high ceilings with recessed lighting and upgraded trim and crown molding packages. There are 4 bedrooms, a large loft, and 2.1 bathrooms. The owner suite is on the main floor and has a double vanity with comfort height vanities, separate shower and tub, and a walk-in closet. The other 3 bedrooms plus the loft are upstairs. All 3 bedrooms are very spacious. There is an extended courtyard patio with a grill and a wooden privacy fence around the back yard. This is a home and neighborhood and you’ll be proud to show off to your friends. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings. I hereby certify that I personally verified this listing, and that it accurately represents the property to be sold, including its ownership, to the best of my knowledge, information, and belief.
Source: COLUMBIASC #604025
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: COLUMBIASC #604025
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 and Equal Opportunity Act.