464 Fox Sparrow Ct, Summerville, SC 29486
3 beds · 3 baths · 1,688 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the highly sought-after, award-winning master-planned community of Nexton, this charming 3-bedroom home offers a thoughtfully designed open floor plan. Upon entering, you'll immediately notice the bright and airy atmosphere, enhanced by abundant natural light throughout the space. The main floor features durable LVP flooring, creating a seamless flow throughout the living areas. To your right, the dining room opens to the spacious kitchen and living room, providing an inviting area for entertaining. A convenient half bath is also located on the main level. The kitchen is a true highlight, with stunning Corian countertops, oversized cabinets, and a generous island for additional workspace. Upstairs, you'll find a well-appointed second-story laundry for ease and convenience.The large primary bedroom is a peaceful retreat, featuring a double vanity and a walk-in closet. Two additional spacious bedrooms share a full bathroom, making this home ideal for family living. The expansive backyard, one of the largest in the neighborhood at 0.20 acres, is fully enclosed by a wooden privacy fence, patio, offering a private oasis for outdoor enjoyment. North Creek Village in Nexton is only a short golf cart ride to restaurants and grocery stores and a straight shot to Interstate I26. This particular subsection of the neighborhood has a pool and also a club house that can be rented out for any large family functions or parties. Nexton offers walking/biking paths throughout that you can enjoy and a new county park scheduled to open this year! This property has a lot to offer and wont last long!
Source: CTAR #25006042
Source: CTAR #25006042
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.