307 Pimpernel St, Summerville, SC 29483
3 beds · 2 baths · 1,478 sqft
Charming Home with Open Floor Plan and Private Master Suite in White Gables. This stunning home offers a wide-open floor plan that invites you in with warmth and charm. From the moment you step through the door, you'll feel all the cozy, warm & fuzzy vibes of a place meant to be your forever home. What may appear to be a single-story home is so much more! Start your day on the inviting front porch, picturing yourself with a cup of the South's best sweet tea, enjoying the lifestyle only White Gables can offer. Inside, American Cherry resilient plank flooring flows throughout, setting the tone for a home that is both elegant and welcoming. assume this home at 4.25% and save thousands annuallyAt the front of the home, you'll find two spacious guest bedrooms, each with ample closet space and large enough for queen-sized beds. These bedrooms share a private full bathroom, making them perfect for family or guests. The heart of the home is the open living and dining area, designed for those who love to entertain or enjoy time together. The granite kitchen island is ideal for cooking and serving, while the brand new stainless steel appliances are ready for all your culinary adventures. The real showstopper is the master suite, tucked away upstairs as your very own private retreat. This enormous space feels like an exclusive hideaway, featuring his & her closets, multiple storage areas, and room for endless possibilitieswhether a second den, gym, office, or all three! The en-suite bathroom is designed for relaxation, complete with dual sinks and a spacious linen closet to keep everything tucked away neatly. Located in the desirable White Gables community, this home provides access to endless amenities and is nestled in the heart of Knightsville, within the sought-after Dorchester District 2 School District. Come see for yourself all this home has to offer. Let's welcome you home!
Source: CTAR #25000999
Financials
Source: CTAR #25000999
Source: Public records
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 resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.