208 Woolbright Ln Chapin, SC 29036
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About this home
OPEN HOUSE Sunday Nov 2nd from 1-3pm. Assumable mortgage interest rate currently at 4. Enjoy pristine move in ready condition on three fully finished levels, and over 3700 sq ft of living space. A Holiday Builders former model home, within Eagles Nest subdivision, is ready for new owners and comes with all the bells and whistles, they do not make this model anymore: molding throughout, audio system, leaf guard gutter system, security system, sprinklers front and backyard, SMART TECH appliances and more ( ask for the full list ). BRAND NEW ROOF, ALL NEW CARPET ON SECOND AND THIRD FLOOR and ENTIRE HOME FRESHLY PAINTED, Oct 2025. This home provides every option for families that may be needing MORE bedrooms - MORE living space, meeting multigenerational needs, older children living at home, nannies, or co-living adults. The main level has gleaming hardwood floors throughout with an open concept layout. The kitchen has a butlers pantry coffee/wine bar and plenty of cabinet/ pantry space. All bedrooms are on the second floor with a fifth bedroom suite on the third level. The two car garage allows for plenty of storage and an additional parking pad was added for more parking - can park at least 5 cars or more on this property. 13 minutes to Lighthouse Marina and Lake Murray. This one needs to be seen in person - all under 500k, Schedule your tour today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #619487
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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.