710 Little Fawn Way, Myrtle Beach, SC 29579
3 beds · - baths · sqft sqft
Welcome home to the highly desirable community of Forestbrook Estates. This split floor plan has been retired and is no longer available in the new phases of Forestbrook Estates. This home was just built in 2019 and is located on a premium lakefront lot. As soon as you enter the full glass front door you will notice hardwood plank flooring, extra touches of crown-molding, and wainscot that carries through the foyer and formal dining room. The kitchen features beautiful quartz counter tops, up-graded staggered maple cabinets, and GE® stainless steel appliances including a gas range, built-in microwave, and dishwasher. This gourmet kitchen also meets many of your needs with a work island, desk area, huge walk-in pantry, a breakfast nook, and breakfast bar. The exclusive Marion floor plan is an amazing layout that is great for entertaining while still offering a split floor plan that offers plenty of privacy for all. The primary suite is conveniently located at the front of the house with close access to the laundry room. The primary suite offers his and her closets, separate vanities, and a huge walk-in shower with glass barn doors. The spacious great-room overlooks the Carolina Room with direct access to the enclosed 12x18 screened patio. Other exterior features include an irrigation system, extended patio, finished garage, garage privacy screen, concrete curbing around flower beds, and a 4ft driveway extension. Being minutes to entertainment, restaurants, and a short drive to the beach this home will make a perfect full time home or a great vacation home! Schedule your showing now!
Source: MYRTLEBEACH #2421171
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2421171
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: #2421171
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.