Captain Hooks Way, North Myrtle Beach, SC 29582
5 beds · 3 baths · 3,213 sqft
Stunning 5-Bedroom Home in Robbers Roost ? Diamond Floor Plan with Luxurious Upgrades Welcome to your dream home in the sought-after Robbers Roost community, a natural gas neighborhood just minutes from the beach. This spacious five-bedroom, three-and-a-half-bathroom home features the Diamond floor plan, offering a perfect blend of elegance, comfort, and functionality. Step inside to find coffered ceilings, crown molding, and a thoughtfully designed split floor plan, with the primary suite and one guest bedroom conveniently located on the first floor. The upgraded custom closets and storage solutions throughout the home ensure organization and style at every turn. The large walk-in pantry provides ample storage, while the oversized laundry room adds convenience to daily living. Enjoy year-round comfort in the heated and cooled sunroom, perfect for relaxation or entertaining. The bright and airy space is ideal for enjoying natural light in any season. Outside, your private, fenced backyard oasis awaits, complete with an extended paver patio, and charming covered porch, creating the perfect setting for gatherings or quiet evenings under the stars. The extended garage provides ample space for golf cart parking or a dedicated workspace, catering to both storage and hobby needs. Located in a natural gas community, this home offers energy efficiency and enhanced cooking and heating options. Complete with a GE Double oven. Just a short golf cart ride away from dining, shopping, golf, and the beautiful shores of North Myrtle Beach, this home is the perfect combination of luxury and coastal convenience. Schedule your showing today and experience all that this incredible property has to offer.
Source: MYRTLEBEACH #2507511
Financials
Source: Public records
Source: MYRTLEBEACH #2507511
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.