Laurens Mill Dr, Myrtle Beach, SC 29579
3 beds · 2 baths · sqft sqft
Welcome to your luxurious retreat in The Parks in the Carolina Forest area of Myrtle Beach, where one-level living meets resort-style elegance. This exquisite semi-detached home is located on a cul-de-sac street and has stunning water views. Enjoy this property's prime location, just under 15 minutes from the ocean and only a few minutes from popular stores, restaurants, medical care, and even a popular public bike and run park. The Parks community enhances your lifestyle with its natural gas infrastructure and upscale amenities, providing a serene backdrop for your everyday living. As you approach the home, you'll be greeted by its stunning curb appeal, featuring meticulous landscaping that creates a warm and inviting atmosphere. Step inside to discover an open-concept great room with soaring ceilings that exudes sophistication and charm. The gourmet kitchen, a chef's delight, boasts a gas stove, stainless steel appliances, granite countertops, a stylish backsplash, decorative island tile, and a convenient breakfast bar. This space seamlessly flows into the dining and living areas, which are bathed in natural light from expansive windows, creating a bright and airy ambiance while preserving ample wall space for your furnishings. The master bedroom is a tranquil sanctuary, strategically positioned at the rear of the home to offer beautiful water views. It features a vaulted ceiling with a fan, a spacious walk-in closet, and a luxurious private bathroom complete with double sinks and a walk-in shower. The thoughtfully designed layout ensures privacy between the bedrooms, with one guest room located off the dining area and another tucked behind the kitchen, conveniently close to the second full bathroom. The laundry room provides access to the two-car garage with pull-down attic storage. The slider door in the living room leads out to the screened porch with a ceiling fan. Financing incentive offered! Ask agent for details.
Source: NORTHCAROLINAREGIONAL #100466417
Interest rate and monthly payment estimated based on public records.
Source: NORTHCAROLINAREGIONAL #100466417
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: #100466417
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.