Ophelia Way, Myrtle Beach, SC 29577
4 beds · - baths · sqft sqft
Immaculate, Move in Ready Cali floorplan on lake with the fountain view. This 4 bedroom, 2 bath house is very spacious, lots of closets, LVP floors throughout the living spaces of the house, carpet in bedroom, tile in bathrooms. Wide foyer takes you to the kitchen and open floor plan with the living room. Kitchen with white shaker cabinets, granite countertops, center island for entertaining, dining area. Sit outside in the covered patio and enjoy the lake view. The back of the house was upgraded with addition concrete across the back for a nice clean and enjoying outdoor living. The house has many other upgrades with fans in every bedroom, lush landscaping with curb scape, painted garage, Hurricane panels, Solar Panels saves on electric bill call for more information. Meridian is off of Hwy 17 Bypass where new upgrades are being done and the frontage road allowing future direct access to road the mall, it also back up to Market Commons, lots of shopping, medical facilities everything you need and only 10 minute drive or less to the beach. You only need to walk in this house one step to see how perfect it is between the floor plan, lot location, the tasteful colors from the floors to the wall, nice and clean, it is a truly move in ready house. Don't wait.
Source: MYRTLEBEACH #2414507
Interest rate and monthly payment estimated based on public records.
Source: MYRTLEBEACH #2414507
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: #2414507
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.