708 Sorenson Dr, Columbia, SC 29229
4 beds · 3 baths · sqft sqft
***Seller is willing to consider closing costs assistance. Loan Assumption may be available for qualified VA buyers at 2.875%, with down payment, ask for details. Don’t miss out on this meticulously maintained beauty! Built in 2021, this home has all the fabulous upgrades that you have been dreaming of. This Charleston-style charmer has a full front porch, complete with overhead balcony. It is the perfect blend of traditional touches with a contemporary feel. The minute you walk through the door you will notice the formal, yet modern dining room. A butler’s pantry with extra cabinets/countertops provides easy access between the formal dining room and kitchen. Across the hall is a bonus room, with glass French doors… perfect for an office or a playroom. Further down the hallway you will see a beautiful powder room and large coat closet. Just a few more steps and you enter a gorgeous, open-concept living room and kitchen area. The oversized great room has recessed lighting and a beautiful fireplace. The gourmet kitchen has upgraded appliances, quartz countertops, a walk-in butler’s pantry, and a large eat-in island, perfect for entertaining! You can access the garage through a covered porch/breezeway. This shady area is perfect for relaxing or grilling out on a sunny day. As you head upstairs, you cannot help but notice the upgraded wood stair treads and ornate iron balusters. On the second floor there is a large master suite, with a huge walk-in closet and access to the overhead balcony. The master bathroom boasts double vanities, garden tub and a separate shower. The upstairs also has 3 additional bedrooms, an additional full bathroom and a convenient laundry room. This house has tons of storage space under the stairs and ample additional storage above the garage. This property is located close to majestic Lake Carolina, the local YMCA, Ft. Jackson and award-winning Richland 2 schools. Lake Carolina amenities include dog parks, playgrounds, pools, tennis courts, a community town center, walking trails and even a seasonal farmer’s market… come check out everything that Lake Carolina brings to the table!
Source: COLUMBIASC #590464
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #590464
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #590464