2848 Ophelia Way Myrtle Beach, SC 29577
Your savings
About this home
Your Perfect Coastal Escape Awaits at Meridian! Embrace the ultimate in Myrtle Beach living with this 4-bedroom, 2-bath home located in the Meridian community. Here, you'll discover the ideal fusion of luxury and incredible value, offering that Market Common lifestyle without the premium price tag! Built in 2018, this home radiates a like-new feel, thoughtfully designed with desirable upgrades for modern comfort. Enjoy remarkable energy efficiency and significantly reduced utility costs thanks to solar panels. The heart of the home shines with a sleek kitchen equipped with stainless steel appliances and granite countertops. Vinyl plank flooring flows seamlessly throughout the main living areas, providing the owner with peace of mind through its durability and low maintenance. Enjoy superior climate control and peace of mind with additional attic insulation, which also offers excellent pest prevention. Beyond your doorstep, the Meridian community unfolds with an impressive array of resort-style amenities, crafted for your ultimate relaxation and recreation. Dive into the spacious resort-style pool, unwind in the soothing hot tub, or gather with friends around the inviting fire pit. Stay fit and connected on scenic walking and nature trails, at the well-equipped clubhouse and amenity center, or on the dedicated pickleball court. Simplify your routine with HOA fees that conveniently include both recycling and trash services. Location is paramount, and Meridian truly delivers! Revel in unparalleled convenience with effortless access to Highway 17 Bypass, Myrtle Beach International Airport, and Coastal Grand Mall. All the vibrant attractions, dining, and shopping of Market Common are just moments away, and the pristine sands of the beach are easily accessible by a short golf cart ride.
Source: MYRTLEBEACH #2507053
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.