2017 Sandy Run Dr, Gaston, SC 29053
4 beds · 2 baths · sqft sqft
Don't miss this beautifully updated all-brick ranch boasting 1400 square feet of living space, and a split floor plan with 4 bedrooms. As you walk in the front door, you'll find tons of natural light pouring through the bay window in the living room, modern tile floors, neutral paint colors, and custom picture molding. The updated kitchen has tiled backsplash and painted cabinets. Off the living room is the large master suite with its own private bath. On the other side of the living room, down the hall has 3 bedrooms all with adequate closet space, and an updated bathroom that features a large tiled shower, and double vanity. Off the back of the home, you will find a nice sized fenced back yard with workshop, and large back deck perfect for entertaining. This home is located in the sought after Pine Ridge community, and extremely convienient to interstates and less than 20 minutes to downtown Columbia. Move in ready homes, with this amount of space and updates for under $190k are rare in this market. Also, there is no HOA. Call today, and find out how you can purchase this home using 100% financing, and some buyers may qualify for a $5k grant towards closing cost!
Source: COLUMBIASC #595384
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #595384
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: #595384