3177 Holly Loop, Conway, SC 29527
4 beds · 3 baths · sqft sqft
Discover your ideal retreat in this expansive home nestled within a community featuring generous lot sizes, ensuring more privacy and ample space between residences. Step into a welcoming environment on the first floor, where open, interconnected spaces seamlessly flow, enhanced by luxurious vinyl plank flooring and a harmonious color palette throughout. The kitchen is a chef's delight with stainless steel appliances, abundant countertops, ample cabinet space, and a convenient pantry. Ascend the staircase to the second level, where four bedrooms await, including a spacious master suite complete with a private bathroom boasting a large closet, dual sinks, and a walk-in shower. No need to haul laundry up and down stairs with the conveniently located laundry room nearby. Each additional bedroom enjoys natural light and easy access to a second full bathroom. Located just a short drive from downtown Conway and the vibrant attractions of Myrtle Beach, this home offers proximity to antique shops, local eateries, and the serene River Walk, along with world-class entertainment, dining, golf courses, and shopping opportunities along the Grand Strand. Enjoy peace of mind knowing essential services such as medical centers, pharmacies, banks, and grocery stores are within easy reach. Embrace the perfect blend of spacious living, convenience, and community charm—your new home awaits! HOA information has been provided to the best of our ability. All information should be verified and approved by the buyer. Square footage is approximate and not guaranteed. The buyer is responsible for verification. Financing incentive offered! Ask agent for details.
Source: NORTHCAROLINAREGIONAL #100456004
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100456004
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: #100456004
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.