556 Hillsborough Dr, Conway, SC 29526
5 beds · - baths · sqft
If you are looking for a home with a pond view and an enormous master suite this is the home for you! Located on a corner lot, this home has plenty of upgrades starting with the brick accent on the exterior of the home. Walking in you will love the level three 5" hardwood flooring in the main living areas of the home. The added transom window above the front door brings in just enough natural light into the formal dining area which is off of the kitchen. The kitchen has Ivory colored cabinets detailed with crown molding and a light rail trim. Level two granite counter tops looks great with the black stainless appliances. The kitchen also includes recessed can lights and a tiled back-splash. From the breakfast nook you have views of the pond and just steps away from the screened in back porch. The great room has a gas fireplace with built in book shelves on both sides, extra recessed can lights and a floor outlet. The huge master has a trey ceiling, extra windows and a exterior door that leads to the screened in back porch. The master bath has two separate vanities, a garden tub with a tile surround and a level two tiled walk in shower. The walk in master closet has plenty of space with wired shelving. Two guest bedrooms are located on the first floor and share a guest bath. Upstairs you have another bedroom, full bath with a walk in shower and a recreation room. In the laundry room there is added cabinets for storage and a utility sink. The side load garage has pulled down attic stairs and a finished garage floor. This home also has beautiful archways, bull-nosed corners throughout the home, a built-in pest control system, gutters on the entire home, a sprinkler system and so much more. Purchase this home today to get close to the beach! Square footage is approximate and not guaranteed. Buyer is responsible for verification.
Source: MYRTLEBEACH #2422959
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2422959
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: #2422959
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