2395 Morlynn Dr, Myrtle Beach, SC 29577
3 beds · 2 baths · 1,358 sqft
Get a free consultation call with an expert in the mortgage assumption process.
IDEAL LOCATION IN THE MARKET COMMON AREA, TASTEFULLY UPDATED, POOL, PRICED TO SELL!! Welcome to this charming 3-bedroom, 2-bathroom home located in the highly sought-after community of Oak Forest! This beautifully maintained home combines comfort, functionality, and style, offering an ideal layout for both relaxing and entertaining. Step inside to a spacious, open-concept living area featuring vaulted ceilings, rich flooring, and abundant natural light that flows throughout the space. The cozy living room effortlessly connects to the dining area and kitchen, where you’ll find stainless steel appliances, ample cabinet space, and a convenient breakfast bar – perfect for morning coffee or casual meals. The primary suite is a serene retreat, complete with a tray ceiling, walk-in closet with custom built-ins, and a luxurious ensuite bath. The two additional bedrooms are generously sized and share a full guest bathroom. Enjoy outdoor living at its best in your private backyard oasis! The fully fenced yard includes a large patio area, in-ground swimming pool, and plenty of space for lounging, grilling, or gathering with friends and family. Whether you're enjoying a peaceful afternoon or hosting a summer pool party, in the salt water pool, this space truly has it all. Other features include a two-car garage with upgraded wood-style doors, a dedicated laundry room, and tasteful touches throughout like modern lighting fixtures, neutral color palettes, and decorative accents. Located in Oak Forest, a quiet, family-friendly neighborhood just minutes from local schools, parks, dining, and shopping – this home checks all the boxes! Don’t miss your chance to make this gem your own. Schedule your showing today! Buyer is responsible for verification.
Source: MYRTLEBEACH #2509337
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: MYRTLEBEACH #2509337
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.