2828 Olivia Marie Ln, Johns Island, SC 29455
5 beds · 5 baths · 3,070 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Meticulously maintained former model home in a pristine location in Waterloo Estates, a gated community with large lots. Featuring 5 bedrooms, 3 full baths and 2 half baths, this home can accommodate most families. With the Waterloo grand oak & pond beside it, you will love the beautiful setting with oaks, spanish moss and abundant wildlife. The large, stone paver driveway leads to a 3 car garage. Inside the foyer leads to the open gourmet kitchen & family room. The large kitchen island looks into the living area, with a vaulted ceiling and a gas fireplace and so much natural light. The primary suite and luxurious bathroom are downstairs, the huge tile shower is spectacular. Upstairs we have 4 more large bedrooms, 2 full baths and a 2nd living area.The 3 car garage features the marbled epoxy floor, a mini split and 1/2 bath!With the large screened porch and huge stone patio with a fire pit, you will love the cool evenings outdoors. The backyard includes a privacy fence, a custom shed and is beautifully landscaped. With over half an acre, mature trees and privacy, this large home gives you the best of both worlds.
Source: CTAR #25010707
Source: CTAR #25010707
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 and Equal Opportunity Act.