5007 Ballantine Dr, Summerville, SC 29485
6 beds · 4 baths · 2,962 sqft

Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home! This stunning 6-bedroom, 4-bathroom residence perfectly blends comfort and modern luxury. Recently updated with stylish features, the heart of this home is its beautiful new kitchen, adorned with luxurious LVP flooring and equipped with sleek, brand-new appliances, including a dishwasher, microwave, oven, and refrigerator. The kitchen shines with refreshed lighting and a ceiling fan, making it a perfect space for family gatherings or entertaining guests.The dining room is equally inviting, enhanced by a chic new fan that creates a welcoming atmosphere. Each guest bedroom also boasts a fan, ensuring comfort throughout the home.Step outside to enjoy your private screened porch, accessible through modern exterior doors that elevate the home's aesthetic. Inside, you'll find hypoallergenic and stain-resistant carpeting throughout, providing a cozy and practical touch. The home has been thoughtfully painted downstairs, creating a fresh and inviting atmosphere. Keeping your comfort in mind, a new HVAC system installed in August 2024 comes equipped with an air purification system, ensuring a clean and healthy living environment. Also new hot water heater, dryer and downstairs paint. Also noteworthy: Huge owners retreat including closets with wire shelving, oversized guest room with ensuite, loft on the 2nd floor, 2 car attached garage, one bedroom with bath down, and "x" flood zone so flood insurance should not be required. This property includes a transferable solar panel lease, providing you with energy efficiency and cost savings. According to the owners, at the end of the lease, the company can remove the panels and put the roof back to its original condition at no additional cost if desired. Situated in an X flood zone, you can enjoy peace of mind knowing that flood insurance is not required. Don't miss the opportunity to make this beautiful home yours where elegance meets practicality in an inviting setting! As a proud resident of Wescott Plantation, you'll be immersed in a lifestyle enriched with upscale amenities. Enjoy leisurely days at the resort-style swimming pool, and let the little ones delight in the playground. Take advantage of the scenic trails for walking or biking, or opt for an exclusive golf club membership to enhance your recreational experience. This prime location offers unparalleled convenience, situated near top-notch shopping and dining options, as well as major employers like Boeing, Bosch, Joint Base Charleston, and Charleston International Airport. Families will appreciate being part of the esteemed Dorchester 2 school district, which features a state-of-the-art aquatic center, ensuring ample opportunities for education and community engagement. Combine luxurious living with a vibrant community and an outstanding location make Wescott Plantation your new home!
Source: CTAR #25009569
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CTAR #25009569
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
