411 Constance St, Walterboro, SC 29488
3 beds · 2 baths · 1,757 sqft
Welcome to this beautifully updated brick home in a peaceful Walterboro neighborhood! Nestled on a spacious lot, this 3-bedroom, 2-bath home boasts stunning refurbished hardwood floors throughout most of the house, a brand-new kitchen floor, stylish new light fixtures, and fresh paint inside and out.Step inside to a bright and inviting living room that seamlessly flows into the open kitchen and dining area. The kitchen features a breakfast bar and sliding glass doors leading to the fenced backyard--where you'll find the showstopper: a stunning stucco outdoor kitchen complete with a built-in pizza oven! Whether you're hosting friends or enjoying a quiet evening under the stars, this space is perfect for unforgettable gatherings. The spacious family room--formerly a garageoffers endless possibilities. Adjacent you will also find a laundry room as well as a room for your tools! The primary suite includes double closets, a private bathroom, and access to a small outdoor covered deck. Two additional generously sized bedrooms share a second full bathroom. Move-in ready and conveniently located near the hospital, shopping, dining, and the charm of historic downtown Walterboro. Plus, you're just an hour from the coast! Don't miss this rare opportunity to own a home that blends modern updates with cozy charm, and an outdoor oasis that's perfect for entertaining!
Source: CTAR #25002663
Financials
Source: CTAR #25002663
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.