300 Crescent Dr Conway, SC 29526
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About this home
Surrounded by 1.35 acres of lush land in the established and highly desirable Country Club Conway neighborhood, this exceptional property offers a rare lifestyle opportunity where space, nature, and potential converge. Spanning three separate lots, the land opens the door to expansion, investment, or simply enjoying your own private sanctuary—without the worry of flooding, as it's high and dry with no flood zone designation and no history of flooding. This is more than a home—it's a homestead. The property is graced with mature peach, pear, apple, and fig trees, as well as thriving blueberry and blackberry bushes and fruitful grapevines. Whether you envision building additional structures, starting a garden, or simply savoring the peaceful lifestyle of your own mini orchard, this land is ready to support your dream. The all-brick home itself offers over 2,300 square feet of classic charm and everyday comfort. Inside, you’ll find five spacious bedrooms and three and a half bathrooms, perfect for a growing household or multi-generational living. The layout includes a traditional living room just off the foyer and a generously sized great room with a fireplace, ideal for relaxing or hosting guests. The kitchen flows seamlessly into the dining room and includes a breakfast bar, making both casual mornings and formal dinners a breeze. The primary suite is thoughtfully designed with a garden tub and separate shower, while the additional bedrooms offer space and flexibility for your needs. Step outside to enjoy the serenity of Lowcountry living on the concrete patio or relax with a morning coffee on the porch swing under the covered carport. A detached storage building and an additional wooden carport provide ample space for tools, equipment, or hobbies. With timeless construction, natural beauty, and room to grow, this home offers a unique blend of lifestyle and land just minutes from the charm of historic downtown Conway.
Source: MYRTLEBEACH #2514861
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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.