This beautifully maintained, custom-built 4-bedroom, 4-bath home is nestled in the sought-after Harpers Ridge subdivision and features an expansive 400+ foot privacy fence surrounding the backyard, offering both seclusion and space for outdoor enjoyment. Ideally situated, the home is just moments from downtown Anderson and offers easy access to Clemson University, I-85, and Lake Hartwell—making it perfectly located for both convenience and recreation. From the moment you arrive, the inviting rocking chair front porch sets the tone for the warmth and charm found throughout. Inside, the home boasts a spacious great room with a remote-controlled gas log fireplace, a formal dining room, and a chef’s kitchen outfitted with granite countertops, gas cooktop, bar seating, and a cozy breakfast area—all accented by gleaming hardwood floors. Thoughtfully designed for flexibility and comfort, the main level features two expansive master suites located on opposite sides of the home. The primary master includes a luxurious en-suite bath with walk-in shower, garden tub, double granite vanity, oversized walk-in closets, and a private office that also connects to the foyer. The second master suite offers its own private sitting area with built-in bookshelves and an en-suite bath featuring a walk-in shower, tub/shower combo, and dual granite vanity. A third full bath and a convenient laundry room are also located on the main level. Enjoy the outdoors year-round from the large screened-in back porch, overlooking the well-maintained backyard with a fully enclosed privacy fence—adding both beauty and function to the space. The partially finished walk-out basement includes two additional bedrooms, a full bath with walk-in shower and double granite vanity, and a massive 800+ square foot unfinished area perfect for storage, hobbies, or future expansion. There’s also a dedicated workshop and a separate lawn equipment garage. Additional features include an oversized two-car garage, a partially irrigated yard, and countless thoughtful details throughout. This home has been lovingly maintained and is truly move-in ready.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
