Have you always dreamed of a Park Avenue address? Looking for real storage and a private downtown garage? Hard to find, right? Well… it’s your lucky day. Stay active and take a stroll to a concert at Bon Secours, or cruise in style since your 26x26 epoxied and glowing garage (at nearly 700 sq. ft.) easily fits two cars and a golf cart. Getting around downtown has never been easier. Looking for more life and less work? This one-level condo lives like a single-family home, looks like a townhome, and comes with the ease of HOA-covered maintenance at the low cost of $333 per month. Walk to The Cook’s Station, museum and library, bike to Unity Park, or hop on your golf cart to explore Main Street, because at 106B West Park Avenue, downtown Greenville is truly at your doorstep. Inside, vaulted ceilings fill the living room with natural light through the timeless plantation shutter blinds, complementing the new hardwood floors and an open-concept layout made for entertaining. This condo has been renovated top to bottom — including a brand new HVAC system, new hot water tank, new flooring throughout, all new porcelain and fixtures, and a fully refreshed, move-in-ready feel. The gourmet kitchen features new white cabinetry with endless roll out drawers, new stainless appliances, a gas/electric range vented out, and a built-in bar with wine fridge, all flowing seamlessly into the dining and living spaces. Slide open the glass doors and step onto your private balcony with unobstructed skyline views, perfect for morning coffee or sunset cocktails while grilling salmon and filets. Down the hallway, each ensuite bedroom offers privacy and comfort, fabulous spa-inspired baths and storage. Yep, your guests will be too comfortable! The primary suite stuns with a walk-in closet, double vanity, tiled shower, and views that remind you you’re right where you belong. You’ll love the walk-in laundry room with built-ins, along with the generous storage both inside the unit and in the attached storage room, which connects to a clean, dry, four-foot-tall crawlspace — perfect for keeping seasonal items tucked away yet easily accessible. If one porch isn't enough, enjoy your covered front porch, perfect for a rainy day and a little bird watching — you might even spot the neighborhood’s resident golden eagles gliding overhead. It’s the kind of cozy, tucked-away community feel you don’t often find this close to downtown. Located less than half a mile (only 1,000 steps — slow 10-minute stroll or fast 6-minute stride) from McPherson Park, Main & Stone, one block off of the main drag and all of downtown’s concerts, markets, and cafés, this home gives you the city’s rhythm and the serenity of a private retreat. It’s close enough to walk everywhere yet peaceful enough to truly relax when you get home. Low maintenance. High design. Prime location. This is Greenville living at its best.
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.
