602 Leaning Pin Ct, Summerville, SC 29485
5 beds · 3 baths · sqft
$5.000 in Flex Money!!!! You've just found your hole in one in your home search!! Welcome to this stunning, well maintained home in Legend Oaks Plantation, a top-rated Lowcountry golf community, voted one of the Top Three by the readers of Charleston Business Journal. This home offers the perfect blend of flexibility, luxury, and location, making it an ideal choice for those seeking a true Low Country lifestyle. With a versatile floor plan, you can choose between the traditional 4 bedrooms or use the home for 5 bedrooms by utilizing the spacious upstairs FROG (Finished Room Over Garage) as a bedroom, game room, craft room, or whatever suits your lifestyle. Either way you still have a dedicated office downstairs as well! Going out back you will love sitting in the screened in porcharea, the large fenced in back yard and the shade from the tall mature trees. There is also a turfed putting area for golf enthusiasts. Enjoy relaxing under the canopy of trees or practicing your swing from the comfort of your own yard! If you love the charm of established neighborhoods, but don't like to deal with updating then this is the home for you. This well-kept home has received significant upgrades, including a new roof (2018), new windows (2020), new HVAC (2017), new luxury vinyl plank floors (2023), and a new fully enclosed wooden fence (2021). The spacious primary bedroom upstairs includes a large walk-in closet and a bathroom with double sinks, a soaking tub, a separate shower, and a water closet. Located in a preferred school district of Summerville, Legend Oaks Plantation is perfect for families and golf enthusiasts alike. With low HOA fees and an optional club membership, this community offers flexibility and a true sense of Low Country living. Short drive to Historic Downtown Summerville, the South Carolinian Coastline and all of what The Lowcountry has to offer!!!
Source: CTAR #24023471
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24023471
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: #24023471
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.