421 Cool Springs Dr, Camden, SC 29020
4 beds · 3 baths · sqft
PRICE IMPROVEMENT!!! Welcome home in the sought-after Cool Springs neighborhood! This beautiful 4-bedroom, 2.5-bath tri-level home provides tranquility, space, and modern amenities, all nestled on just over half an acre. From the front entry on the main level, you step into a large formal living room, perfect for hosting guests or enjoying a quiet evening. On the lower level there is a spacious family room featuring a cozy wood-burning fireplace, ideal for gatherings and relaxation. There is also a convenient half bath and laundry room (washer/dryer convey). From the lower level, you have access to the two-car side-entry garage with ample storage space. The kitchen on the main level boasts updated granite countertops, a stylish tile backsplash, durable tile flooring and is equipped with stainless steel appliances, including a refrigerator that conveys with the home. On the second level, the owner's suite is a private retreat with a walk-in closet and an en-suite bathroom. Three additional spacious bedrooms each have their own private closets and share a full bathroom. All bedrooms have hardwood flooring and ceiling fans. Enjoy modern conveniences with Smart Home NEST thermostats and a Ring doorbell, all of which convey with the property. A large deck with a porch swing and small arbor provides the perfect spot for entertaining and family fun. The backyard includes a patio featuring a firepit and chairs, making it an ideal spot for evening gatherings. Situated in the quiet and desirable Cool Springs neighborhood, this home provides a peaceful living environment with easy access to local amenities. No HOA!!! Residents often have community/family events.
Source: COLUMBIASC #587516
Source: COLUMBIASC #587516
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: #587516
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.