307 Pimpernel St, Summerville, SC 29483
3 beds · 2 baths · sqft sqft
This gorgeous wide open floor plan can be yours - just come and step inside and you will feel all warm & fuzzy. What appears to be a one story you will find is so much more. From the front porch you can picture your rocking chairs and in the hometown of Sweet Tea your very own best in your cup as you sit and enjoy life in White Gables. With American Cherry resilent plank flooring you will fall in love as you go room to room where these floors welcome you into your Home Sweet Home. Two guest bedrooms downstairs sharing a full private bathroom in the front of the home with ample closet space and large enough for a queen sized bed! Right off the living room/dining room Open floor plan is the way of the world now for those who love to entertain or just to have everyone all together,cooking together on your granite island and serving directly into your dining room for the hostess in you. Not to mention on all brand NEW stainless steel kitchen appliances! The most amazing tucked away special feature is the master suite upstairs all to itself, practically your very own private abode. His & her closets and many other unfinished storage areas that can be used for storage or you can finish it and open up the room even more. Not that it is needed, the Master bedroom is enormous - the size of the home! An empty canvas there is more than enough room for a second den or office space, gym area....the possibilities are endless. The master bathroom where you will escape it all is dual sinks, and has a hideaway larger than you can imagine linen closet. Not only is it gorgeous it is also located in the desirable White Gables where the amenities are endless and located in dd2 school district in the heart of Knightsville. Come now and lets Welcome you home!
Source: CTAR #24022049
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24022049
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: #24022049
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.