224 Rose Water Loop, Myrtle Beach, SC 29588
3 beds · - baths · sqft sqft
Discover this charming single-story semi-detached home in the sought-after waterfront community of Riverbend, featuring dock access and low-maintenance living. Boasting the largest floor plan available, this home is packed with upgrades, including a spacious screened porch and lush landscaping, making it the perfect sanctuary for relaxation and entertainment. Step inside to find a thoughtfully designed living space with luxurious LVP flooring, soaring vaulted ceilings, and a stylish ceiling fan. The chef-inspired kitchen is a showstopper with granite countertops, custom cabinets, stainless steel appliances, and a convenient pantry. The dining area shines with its chic light fixture, creating a warm and inviting atmosphere. Slide open the glass doors to access the expansive screened porch, complete with a ceiling fan and additional grilling patio, perfect for enjoying the treelined privacy and a slight view of the community pond. The owner’s suite is a true retreat, featuring a tray ceiling, large walk-in closet, and an en-suite bathroom adorned with granite countertops, double sinks, a glass-enclosed standing shower, and a spacious linen closet. Two additional guest bedrooms offer flexibility and comfort, with ceiling fans and ample storage. A guest bathroom with tile flooring, granite vanity, and a tub/shower combination completes the thoughtful layout. Practical features include a storm door at the front entrance, a laundry room with washer, dryer, utility sink, and shelving, plus a two-car garage with attic access. The HOA covers exterior maintenance, landscaping, power washing, gutter cleaning, water/sewer, trash removal, pest control, and termite bond, ensuring hassle-free living. The Riverbend Lifestyle: Nestled in the quiet Socastee area, Riverbend offers a serene escape with direct access to the Intracoastal Waterway. Enjoy amenities such as a day dock, riverwalk, community pool, and clubhouse. Fishing enthusiasts and boaters will love the proximity to a public landing and nearby Osprey Marina, just a mile away. Conveniently located west of Myrtle Beach Airport and close to Market Commons, this home offers easy access to all the dining, shopping, and entertainment the area has to offer. Don’t Miss Out! Opportunities like this don’t come often. Schedule your private showing today and make this Riverbend gem your new home. Contact us now to start your waterfront lifestyle!
Source: MYRTLEBEACH #2422491
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2422491
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: #2422491
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.