156 Loyd Ct Lexington, SC 29073
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About this home
Welcome to this beautifully maintained move-in ready one-story home with a finished room over the garage—perfectly situated on a spacious half-acre lot with no backyard neighbors and no HOA! Zoned for the highly sought-after Gilbert schools, this property features 1,873 square feet of comfortable living space and a thoughtful floor plan designed for everyday living and entertaining.Step inside to find LVP flooring throughout the main living areas, creating a warm and inviting atmosphere. The formal dining room showcases elegant crown molding, while the great room has a tray ceiling and a cozy wood-burning fireplace, ideal for relaxing evenings.The kitchen is a true highlight with granite countertops, painted cabinets, stainless steel appliances, and a vaulted ceiling that adds a bright and airy feel. Just off the main living spaces, the spacious primary suite features a tray ceiling, dual vanity sinks, a separate shower, a relaxing garden tub, and a walk-in closet. Two additional bedrooms and a shared full bathroom provide plenty of room for family, guests, or a home office.Enjoy outdoor living at its best with a large deck and additional patio space—perfect for entertaining, grilling, or simply unwinding while overlooking the peaceful backyard. Two large storage sheds convey with the property, providing ample space for tools, lawn equipment, or hobbies.Additional highlights include a two-car garage, roof replaced in 2022, and a new electric water heater installed in 2024. The finished room over the garage can be used for flexible space for a playroom, home office, or guest retreat.With its prime location, modern updates, and plenty of space both indoors and out, this home is ready to welcome its next owner. Don’t miss this rare opportunity to enjoy country living with easy access to everything Lexington! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #619711
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.