VA loan
1 of 40
VA loan
$925,000 $SIGNI

Sign in to see required down payment for the 3.8% rate

232 Wahee Pl, Conway, SC 29527

3 beds · 3 baths · 4,413 sqft

Experience the perfect blend of luxury and Lowcountry charm in this stunning riverfront retreat. This beautiful 4-bedroom, 3.5-bathroom home nestled in a gated community along the scenic Waccamaw River. Thoughtfully designed with a reversed floor plan to maximize breathtaking water views, this home offers an open-concept layout adorned with hardwood floors, vaulted and tray ceilings, and an elegant fireplace, creating a warm and inviting atmosphere. The gourmet kitchen is a chef's dream, featuring a gas stove, custom backsplash, and plenty of counter space, perfect for preparing meals and entertaining guests. A private elevator ensures effortless access to all levels, while ample storage space keeps everything organized. The spacious master suite boasts double sinks, a walk-in shower, and a tranquil retreat for relaxation. Step outside to your expansive outdoor living space, designed for both comfort and entertainment. A fully equipped outdoor kitchen makes al fresco dining a breeze, while a cabana provides a shaded retreat for lounging. The sink area on the bottom level adds extra convenience for outdoor prep and cleanup. Situated on over half an acre, this last lot on the cul-de-sac offers an exclusive, private setting with no future development in front, back, or to the left, ensuring unobstructed views and ultimate tranquility. The fenced-in yard provides ample space to enjoy the outdoors in peace. Boating enthusiasts will love the private floating dock with a boat lift, making waterfront access effortless. A dedicated golf cart garage entry adds convenience for easy access to your personal golf cart, perfect for exploring the community. Residents also enjoy access to the clubhouse and community pool, enhancing the resort-style living experience. Don't miss this rare opportunity to own a waterfront paradise in an exclusive, amenity-rich community. Schedule your private tour today! Square footage is approximate and not guaranteed. Buyers responsible for verification.

Estimated
Seller's interest rate
3.8%
7%
Estimated
Principal & interest
$2,193/mo.
$2,862
You may also save up to $162,722 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,193 monthly payment

Financed
$SIGNIN
Location
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Details
Home
Size
4,413 sqft
Lot size
0.63 acres
Year built
2015
Type
Single Family Residence
HOA dues
$125.00

Source: MYRTLEBEACH #2505585

Loan
Remaining term
20 yrs and 3 mos
Rate
3.8%
Monthly P&I
$2,193
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Who can qualify

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%. 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.

Other resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Mar 18, 2025 05:50 pm
Listing agent: Coastal Links Group (843) 222-9580
Listing provided courtesy of: CB Sea Coast Advantage CF (843) 903-4400
Details provided by MYRTLEBEACH and may not match the public record.
MLS ID: #2505585
Provided courtesy of the Coastal Carolinas MLS. Copyright ©2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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