1906 Silver Spring Ln, Myrtle Beach, SC 29577
4 beds · - baths · sqft
Welcome to your new home in the Cresswind neighborhood of The Market Common community. This highly desirable Dogwood floorplan offers a well-thought-out layout, featuring the owner's suite, a guest bedroom, a versatile front nonconforming bedroom that could serve as an office downstairs, and a spacious bedroom with a full bathroom upstairs. The exterior of this charming corner lot home boasts excellent curb appeal with its stone elevation and coastal Hardiboard siding. Inside, you'll find hardwood floors in the foyer, living room, front bedroom, kitchen, and hallways. The kitchen is equipped with Quartz countertops, a tile backsplash, a gas range, stainless steel appliances, double wall ovens, a breakfast bar, and a dining area that comfortably accommodates a table for 6-8. The owner's suite, located on the first floor, features a tray ceiling, walk-in closets, a double vanity with granite countertops, and a walk-in tile shower. The laundry room is right around the corner and there’s also another bedroom or guest room downstairs, complete with a tub and shower combination, tile walls, and a granite vanity. Upstairs, a large guest room includes its own bathroom, walk-in closet, and additional walk-in attic storage. Additional features of the home include a screened porch with a fan, gutters, a fenced backyard, and extra space in the garage. The furniture in this home is also available for purchase if the new owner is interested. In Cresswind, you won’t need to worry about lawn maintenance—it's handled by the HOA. The HOA also covers cable, a monitored security system, common area landscaping and maintenance, trash pickup, and access to the impressive clubhouse. The clubhouse offers a wide range of activities, with the social director available to assist. Inside, you'll find a fitness center, aerobics and yoga studio, locker rooms, a social room, bocce courts, tennis and pickleball courts, resort-style pool, an outdoor fire pit, an event lawn, and more. Located in The Market Common, Cresswind provides easy access to the beach, dining, shopping, and entertainment—all just a golf cart ride, bike ride, or walk away. Trails, bowling, a dog park, a movie theater, playgrounds, and gyms are all part of this vibrant lifestyle. Schedule a showing of this pristine home today!
Source: MYRTLEBEACH #2420798
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2420798
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #2420798
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.