7857 Montview Rd, North Charleston, SC 29418
3 beds · 3 baths · sqft sqft
Welcome Home to the Tribuary at the Park at Rivers Edge, pull into your driveway and walk right in! The welcoming warm vibe will have you in love in seconds! The wide open foyer passes an office with a closet which can potentially be a 4th bedroom if you choose or dining room and brings you thru the home into the epicenter of the home, the kitchen. From the floor to the ceiling you will be in awe from the cabinets, to the long high plentiful cabinet space amongst a farm sink plus beatifully placed granite countertops. The natural light flows into the family room from the picture perfect fenced in courtyard. Upstairs into a loft area is perfect peloton space, as you can see! Master bedroom is in the front of the home with spacious walk in closet and master bathroom attached withwarm tones to calm you after a long day. Secondary bedrooms are at the other end of the loft giving privacy to all! Both secondary rooms share a full bathroom and offer large closet space. The windows are all hurricane windows, that should help you sleep well at night when the winds are strong off the Ashley. This gated community is centrally located to Bosch, Boeing, Joint Base Charleston and a hop & skip to SC glorious beaches, and shopping! Tribuary offers many amenities for homeowners to enjoy without having to leave the community for swimming, tennis, and playgrounds. Come and take a walk on our trails and find your Home Sweet Home at 7857 Montview!
Source: CTAR #24022070
Interest rate and monthly payment estimated based on public records.
Source: CTAR #24022070
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: #24022070
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.