VA loan
1 of 40
VA loan
$439,900 SIGNIN

Sign in to see required down payment for the 2.75% rate

High St, Myrtle Beach, SC 29577

3 beds · 2 baths · 2,400 sqft

Beautiful three bedroom, two bath, powder room, two car garage carriage home situated on a corner lot overlooking the lake in Emmens Preserve. The kitchen boasts granite counters, 42" cabinets, tile backsplash and stainless steel appliances. Spacious master suite offering a walk-in closet, spacious shower and double vanities. Beautifully appointed throughout with attention to details. Don't miss out on this great opportunity to call Myrtle Beach home. Community features include a spacious community pool and amenities. Market Common is less than a mile to the beach, state park, boardwalk,Springmaid Pier, ocean boulevard and so much more!! Golf carts are the transportation of choice….whether you are going up to Market Common for a movie, dinner, one of the many shows and attractions offered around the lake or at Valor Park throughout the year, shopping, the gym or whatever the occasion….or pack your cooler, throw your beach chairs on the back and head to the beach……Market Common has something for everyone!! You are not just buying a home, you are truly buying a lifestyle!!! With its great location and easy access to Hwy’s 501, 707, 544, 17 Business & By-Pass, 31, 22, 9 and all the frontage roads, getting to any point of the county is within just a short drive. You can enjoy all that the Grand Strand has to offer; including shopping, dining, healthcare, attractions, entertainment, state parks, piers, marinas, golf, Market Common, Broadway, Barefoot, Brookgreen,Intracoastal Waterway and of course the beautiful white pristine beaches of the Carolina coast. Don’t miss out on the awesome opportunity to own your own piece of paradise so you can enjoy the laid back lifestyle that only comes from living near the coast. The Grand Strand has so much to offer, for any age. Come home to the beautiful Grand Strand today! This listing information is deemed reliable, but is not guaranteed. Neither the Coastal Carolinas Association of REALTORS, nor the listing broker, nor the selling broker, nor their agents or sub-agents are responsible for the accuracy of this information. The buyer is solely responsible for verifying any and all information. This information is provided by the Coastal Carolinas Association of REALTORS for use by its members and is not intended for use for any other purpose.

Estimated
Seller's interest rate
2.75%
7%
Estimated
Monthly payment

$1,742
$1,903
You may also save up to $12,385 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,903 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.75%
Remaining term
6 yrs and 5 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,742
Principal & interest
$1,153
Mortgage insurance
-
Property taxes
$104
Home insurance
$223
HOA fees
$261
Utilities
Not included

Source: Public records

Home details
Size
1,806 sqft
Lot size
0.14 acres
Year built
2014
Type
Single Family Residence
HOA dues
$261.00

Source: MYRTLEBEACH #2501867

Qualify

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.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: Apr 14, 2025 07:59 pm
Listing agent: Boyd Team (843) 222-8566
Contact listing agent
Listing provided courtesy of: INNOVATE Real Estate (843) 839-1649
Details provided by MYRTLEBEACH and may not match the public record.
MLS ID: #2501867
Provided courtesy of the Coastal Carolinas MLS. Copyright ©2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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