186 Cedar Chase Ln, Irmo, SC 29063
4 beds · 3 baths · 2,208 sqft
Get a free consultation call with an expert in the mortgage assumption process.
STUNNING 1- STORY ALL BRICK home has 4 bedrooms, 3 full baths & features so many upgrades you would swear it's a MODEL HOME! This home has hardwoods throughout living areas, a gas fireplace w/ heat activated blower, a tray ceiling, & beautiful moldings. The CHEF'S KITCHEN has white wood cabinetry, granite counters, upgraded tile backsplash, a disposal, a breakfast bar, stainless appliances, and a GAS RANGE w/ dbl ovens! The luxurious master bedroom has hardwood floors, a trey ceiling, private bath with tile shower, a soaking tub w/ tile surround, double vanity with granite counters, a separate water closet, and his& hers walk-in closest. The second bathroom was upgraded with a West Shore Shower installed January 2024, and includes a lifetime warranty. The 4th bedroom makes a great in-law suite, w/ a private bath & walk-in closet. This home is a SMART HOME with the Honeywell Tuxedo System. The backyard of this home does not disappoint. It is fully fenced with lighting and has been stained for easy maintenance. The screened porch has a ceiling fan and is ready for your TV! The open patio is spacious. Sprinklers have been installed in the backyard, as well as the front. New gutters have been installed. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #599652
Source: COLUMBIASC #599652
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.