309 Meadowside Dr Little River, SC 29566
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About this home
Welcome to 309 Meadowside Dr. in Little River, SC. Situated in the desirable Woodlyn Meadows neighborhood, this freshly painted and newly carpeted 5-bedroom, 3.5-bath with an additional bonus room, offers a spacious and versatile layout perfect for any lifestyle. The open-concept floor plan features a first-floor primary suite for added convenience, plus an additional en-suite bedroom upstairs, ideal for guests or family. Two of the other upstairs bedrooms share a Jack n Jill style bathroom offering semi private bathroom access for each bedroom. The living room is exceptionally large and spacious. There is an additional room on the back of the house that can double as either another bedroom, a 2nd living room, game room or Carolina room. The choices and layout are quite unique making this home a perfect option for a growing family, or an in-law situation. Step outside to enjoy your lush, peaceful backyard, complete with a cozy fire pit and wonderful mature palm trees that surround the bricked patio offering serene privacy and ambiance for those beautiful South Carolina evenings—the perfect spot to relax or entertain. Sitting on 1/3 acre, there is most definitely room to expand, or even put in a pool. Located just five miles from Main Street and the beach and only two miles from the North Myrtle Beach Sports Complex, Woodlyn Meadows offers wonderful amenities including a community pool, and it’s just minutes from the Little River waterfront and all the attractions of North Myrtle Beach. Don’t miss this opportunity—schedule your showing today!
Source: MYRTLEBEACH #2525815
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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.
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