3281 Long Avenue Ext, Conway, SC 29526
4 beds · 2 baths · 2,006 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this delightful home in Conway, South Carolina offering a perfect blend of Southern classic charm and modern convenience. Situated on a spacious corner lot, 1.65 acres, with no HOA, this 4BR - 2 BA home is move-in ready or can easily be renovated to suit your personal preferences. Step inside to the foyer to find a spacious and functional layout featuring a formal dining room with custom molding and French doors. Moving into the kitchen, there is granite countertops, stainless steel appliances, and a closet pantry. This home also has an eat in kitchen and a laundry room with washer and dryer. The living room is extra-large and has a propane fireplace leading out to a Carolina room. All 3 bedrooms have spacious closets and new carpeting and are filled with natural light, creating a warm and inviting atmosphere. The ensuite master bath features a double vanity, all tile shower and added storage space with a large closet. The second bath has a shower/jacuzzi tub combo and both bathrooms have tile flooring. Moving outside, the expansive lot offers plenty of room for outdoor activities, gardening, or even adding your personal touch. There is an extra-long driveway complete with a carport, a detached storage shed and attached storage/workshop area. The location is unbeatable, with plenty of your own space for privacy, yet easy access to local schools, shopping, dining, and the vibrant attractions of Conway which are just 4 miles away. Enjoy the charm of a well-established neighborhood and whether you're looking for a forever home or an investment opportunity, this one is a must-see!
Source: MYRTLEBEACH #2503514
Source: MYRTLEBEACH #2503514
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.