409 Glouchester Ct, Summerville, SC 29485
4 beds · 4 baths · sqft
Welcome to 409 Glouchester Court, a stunning 4-bedroom, 3.5-bathroom home in the highly sought-after community of Summerville, SC. This beautifully updated home located on a cul-de-sac features 3,579 sq. ft. of living space, including a fully renovated kitchen, luxury vinyl plank (LVP) flooring throughout, and custom finishes in every bathroom, creating a harmonious blend of modern style and comfort. As you enter the home, you'll be immediately struck by the bright, open-concept layout that creates a sense of grandeur. The family room features a cozy fireplace, providing a warm and inviting space for family gatherings and relaxation. Large windows allow natural light to flood the space, making it perfect for any occasion.In addition to the spacious main living areas, the home features a large sunroom that could serve as a mother-in-law suite with its own private entrance. This separate suite also offers a full bathroom perfect for guests or extended family. Upstairs, the master suite is a true sanctuary. The spacious bedroom offers plenty of room for a sitting area, while the luxury en-suite bathroom features dual vanities, a soaking tub, a separate shower, and a huge walk-in closet. Two additional well-sized bedrooms share a full custom designed bathroom, offering plenty of room for family or guests. The bonus room at the top of the stairs could easily function as an office, playroom, media center or game room. Step outside to the fully-fenced backyard, where you'll find an area perfect for outdoor dining and relaxing. Whether you're hosting summer BBQs or enjoying quiet evenings, this backyard offers plenty of space to enjoy the lowcountry lifestyle. Living in Ashborough East means you'll have access to wonderful community amenities, including a swimming pool, tennis courts, and a playground perfect for active families and outdoor enthusiasts. Additional features of this home include a two-car garage, a laundry room, and a convenient half-bath on the main floor. The community offers low HOA fees and easy access to top-rated DD2 district schools. The charming town of Summerville is known for its small-town atmosphere, beautiful parks, and rich history, making it a great place to call home. Don't miss the opportunity to see this stunning home in person schedule your tour today!
Source: CTAR #24028654
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24028654
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: #24028654
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.