3620 Cox Rd, Sumter, SC 29154
3 beds · 2 baths · sqft sqft
***BACK ON MARKET AT NO FAULT OF SELLER*** Welcome to your slice of southern paradise at 3620 Cox Road in Sumter, South Carolina! This charming 3-bedroom, 2-bathroom home sits majestically on 2.2 acres of lush, verdant land, giving privacy and tranquility in a picturesque setting. As you step inside, you're greeted by 1618 heated square feet of comfortable living space. The open-concept floor plan seamlessly blends functionality with style, creating a warm and inviting atmosphere perfect for both relaxation and entertaining. The heart of the home is the spacious kitchen, ample cabinet space, and a convenient breakfast bar. Whether you're preparing a gourmet meal or enjoying a quick snack, this kitchen has everything you need. The bright and airy living room features large windows that flood the space with natural light, creating a cozy ambiance for family gatherings or movie nights. A charming fireplace adds a touch of elegance and warmth on chilly evenings. The primary bedroom has its own private half-bath. Two additional bedrooms provides versatility for guests, a home office, or hobbies. Outside, the expansive backyard beckons you to enjoy the great outdoors. With 2.2 acres of land, there's plenty of room for gardening, playing, or simply soaking in the serene surroundings. Imagine hosting summer barbecues, roasting marshmallows around the fire pit, or stargazing on clear nights. Located in a rural setting, yet just a short drive from Sumter or Manning’s amenities, this home is the perfect blend of rural charm and urban convenience. Don't miss your chance to own this idyllic retreat—schedule your showing today and make 3620 Cox Road your forever home!
Source: COLUMBIASC #583158
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #583158
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: #583158
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.