8605 Hopper Ct, Myrtle Beach, SC 29579
4 beds · 3 baths · 3,485 sqft
Exquisite Solar-Powered Home in Waterford Plantation! This two-story, 4-bedroom, 3-bathroom house with magnificent custom upgrades, offers a flawless blend of luxury, comfort, and convenience! The spacious and inviting layout is perfect for creating lasting memories! The large open great room, with its cheerful ambiance, is designed for family gatherings and entertaining. The gourmet kitchen features granite countertops, with an elegant tile backsplash; a freestanding work island; independent bar seating; and a breakfast nook. Seamlessly host elegant dinners in the formal dining room or enjoy casual meals with serene lake and fountain views. Beautiful hardwood flooring throughout adds a touch of elegance and warmth, making the common area as functional as it is stylish. The massive owner's retreat boasts sitting areas, spacious closets and an ensuite with two vanities, shower and garden tub. The additional bedrooms are also generously sized, providing ample space for family and guests. Upstairs, spans a huge recreation room, 4th bedroom, and full bathroom; perfect for a home theater, playroom, gym, or mother-in-law suite. Outside, the large fenced backyard provides a secure space for outdoor activities, while the tranquil lakefront setting offers a picturesque backdrop for relaxation. Waterford's amenities center is great for get-togethers with the covered cabana, Junior Olympic pool, and children's playground. Maintaining an active lifestyle is easy with tennis, pickleball, volleyball, and basketball courts, as well as the fitness center, complete with weights and aerobic equipment. Located just minutes from the beautiful beaches, top-rated golf courses, Intracoastal Waterway, a variety of entertainment, dining, and shopping options, this place combines convenience with upscale living. Square footage is approximate and not guaranteed. Buyer is responsible for verification.
Source: MYRTLEBEACH #2500139
Financials
Source: Public records
Source: MYRTLEBEACH #2500139
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.