4637 Dogwood St, Loris, SC 29569
3 beds · - baths · sqft sqft
Large lot in Loris! Welcome to 4637 Dogwood Street, a fully renovated one-story brick ranch home nestled on a spacious half-acre lot in the heart of Loris, SC. This charming home boasts an open floor plan that seamlessly connects the living, kitchen, and dining areas, creating a perfect space for gatherings. A standout feature is the expansive Carolina room, providing ample natural light and additional living space. The home offers 3 bedrooms, 2 bathrooms, and a large laundry room/drop zone with extensive cabinetry and storage, conveniently located between the kitchen and the attached garage. In addition to the attached garage, a detached garage offers flexibility for use as extra parking, a workshop, or any number of purposes, with a carport extension for even more covered space. The home has been thoughtfully updated, including a full renovation in 2019, a new roof in 2022, and all major systems—HVAC, water heater, and windows—replaced in 2019. The crawl space is encapsulated and equipped with fans for added protection. The kitchen appliances convey, including a brand new dishwasher, a microwave only a year old, and all other appliances from 2019. Even the washer, dryer, and living room couches are included, making this home move-in ready. With no HOA and all Loris schools located less than 3 miles away, this home offers both convenience and comfort in a prime location. Don’t miss the chance to make this beautifully maintained home yours!
Source: MYRTLEBEACH #2422791
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2422791
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: #2422791
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.