Waddell Dr Conway, SC 29526
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About this home
Welcome to 757 Lambeth Lane! This exceptional Mungo-built 6-bedroom, 4.5-bath two-story home delivers space, style, and smart features desired in todays market. The main level includes a bedroom with ensuite bath — perfect for guests, multigenerational living, or a private home office. The open floor plan showcases a modern kitchen with large island, GE appliances, granite countertops, recessed ceiling lights, and a gas range, flowing into the dining area and spacious living room, cinnamon walnut vinyl plank flooring with cozy electric fireplace — ideal for gatherings. 9’ ceilings on the first floor enhance the sense of space and elegance. Upstairs, the dedicated media room wired with in-ceiling and in-wall speakers offers a true theater experience at home. Hard-wired Cat5e connections in the media room, primary suite, living room, and an upstairs bedroom ensure ultra-fast, reliable connectivity for streaming, gaming, and remote work — a feature most homes do not offer. Master suite with private en-suite offers a double vanity, shower, linen closets, water closet, and large walk in closet. This home also includes advanced framing, tankless gas hot water, gas heating, programmable thermostats, and energy-efficient features including LED bulbs, all designed to save energy and provide comfort year-round. Thoughtful storage solutions abound, including oversized closets, attic space, and a clever under-stairs cubby. Step outside to a large, private fenced backyard with irrigation system — perfect for entertaining, gardening, or creating your own backyard retreat. The two-car garage offers even more storage and convenience. Enjoy resort-style community amenities including a sparkling pool, clubhouse, scenic green spaces, and a tranquil lake with fountain. With its combination of premium Mungo construction, advanced technology, energy-efficient features, and lifestyle amenities, this home stands out in the market — a rare opportunity you won’t want to miss! All measurements are deemed reliable but not guaranteed. Buyer and buyer’s agent to verify. Home is listed for Sale or Lease.
Source: MYRTLEBEACH #2522556
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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.