1 of 40
$415,000

4603 E Walkerton Rd, Myrtle Beach, SC 29579

4 beds · - baths · sqft

If you're looking for privacy, space, and a perfect setting for your family to grow or entertain friends, look no further. This gem, nestled in the heart of the Forest, offers it all. Situated at the end of a cul-de-sac, this beautifully renovated home sits on over half an acre (0.54 acres), a rare find in today's market at this price point. From the moment you step inside, you?ll be welcomed by a bright and inviting atmosphere. The open flow leads you seamlessly from the living room to the dining area, through the kitchen and breakfast nook, into the cozy Carolina room, and finally out to the expansive backyard?perfect for gatherings or peaceful retreats. Upstairs, you?ll find all the bedrooms, including the spacious master suite and a conveniently located laundry area. This home is move-in ready and waiting for you to make it yours. The property has undergone a detailed inspection, repairs, and upgrades, including replacing a section of the exterior wall to address prior water damage. New flooring has been installed throughout, and new light fixtures have been added to complement the home?s modern touch. The kitchen shines with new quartz countertops and freshly painted cabinets, creating an appealing contrast. The entire house has been newly painted and has all appliances, including a washer and dryer. Plus, the HVAC units were updated in 2022 for your peace of mind. Located in the sought-after Walker Swood subdivision, right in the heart of Carolina Forest Blvd, this home offers unmatched convenience with quick access to grocery stores, banks, shopping centers, and medical facilities. With three entrances to the subdivision and just 1,300 feet from the north entrance, getting in and out is a breeze. Look at the video tour?you might fall in love at first sight. Call us today to schedule an appointment!

Interest rate 3
3.38%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$897
With Roam
$1,239
Reduce your monthly payments by $341 when you assume this mortgage.
You also save $89,559 in total interest paid.

$248,767
Edit

You may be able to put down less than the total down payment amount of $248,767 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Lot size
0.54 acres
Year built
2006
Type
Single Family Residence

Source: MYRTLEBEACH #2426562

Loan
Remaining term
21 years, 10 months
Rate
3.38%
Monthly P&I
$897
Remaining loan balance
$166,232

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 24, 2024 12:14 am
Listing agent: Ana Moore (843) 997-8195
Listing provided courtesy of: Century 21 The Harrelson Group (843) 903-3550
Details provided by MYRTLEBEACH and may not match the public record.
MLS ID: #2426562
Provided courtesy of the Coastal Carolinas MLS. Copyright ©2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$897/mo
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