642 Stonebury Cir, Blythewood, SC 29016
3 beds · 3 baths · sqft sqft
Welcome home to Your Backyard Oasis, this impeccably maintained 3-bedroom, 2.5-bath gem with a loft in the sought-after Blythewood area! From the moment you step inside the inviting foyer, you'll be greeted by fresh paint, gleaming hardwood floors, elegant wainscoting, and timeless plantation shutters. Perfect for hosting during the holidays, this home boasts both formal living and dining rooms. The open-concept family room flows seamlessly into the well-appointed kitchen, complete with granite countertops, stainless steel appliances, ample cabinet space, and a breakfast nook. Adjacent to the kitchen, the sun-drenched sunroom with soaring ceilings offers the perfect spot for morning coffee or casual entertaining. Upstairs, you'll find three spacious bedrooms and a versatile loft, ideal for a home office, playroom, or media area. The oversized master suite is a true retreat, featuring dual walk-in closets and a luxurious ensuite bathroom with a garden tub and separate shower. A large laundry room with built-in shelving and an additional storage room provides all the space you need for everyday organization. Step outside and discover your own private backyard oasis, perfect for year-round entertaining! The expansive wooden deck offers panoramic views of the lushly landscaped yard, complete with stone fountains and multiple seating areas. Host friends and family in the covered outdoor living and dining space, complete with a built-in grill, sink, mini fridge, and fire pit. Whether you're grilling, gardening, or simply relaxing, this space provides endless possibilities. This home also features a two-car garage with built-in shelving and a spacious walk-in crawl space for extra storage. Located in the desirable Stonington community, you'll enjoy access to a pool, clubhouse, and parks. Plus, with easy access to I-77, I-20, shopping, schools, and the exciting new Scout Motors Production Center just 10 minutes away, this home is perfect for those looking for both convenience and comfort. Don't miss your chance to make this exceptional property yours!
Source: COLUMBIASC #595624
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #595624
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: #595624
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.