205 Maple Oak Dr, Conway, SC 29526
3 beds · - baths · sqft sqft
This is the house you have been waiting for! A move in 3 bedroom/2 bath house with an amazing large back yard, in ground salt water pool. The home has a 2 car garage, plenty of parking in driveway. You can enjoy the quiet landscape of Conway from the front porch or really enjoy the tranquil backyard which backs up to currently wooded lot. Large patio for your table or lounging, go swimming in your pool and the kids still have lots of yard to play in. The property is enclosed with a 6' vinyl privacy fence. Screened in Porch before entering the house from back yard. The floor plan is open with foyer, living room, dining room and kitchen/dinette. Beautiful kitchen cabinets, all stainless steel appliances, dinette, pantry, there is a formal dining room and living room with vaulted ceilings and fan. The master bedroom has a double tray ceiling and ceiling fan, large walk in closet and adjoining full bathroom with soaking tub, shower and double sink vanity. The other two bedrooms are also very generous in size and closet space. Another full bathroom in the hall with shower tub combination. The house has a connection for a generator on side of garage.Schedule to see this beautiful move in ready home today.
Source: MYRTLEBEACH #2422402
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2422402
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: #2422402
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.