POSSIBLE OWNER FINANCING! This beautifully remodeled BRICK RANCH in Taylors with MODERN finishes, a SCREENED PORCH, FENCED YARD, NO HOA, 0.39 acres, and a great LOCATION! Located in the established Sheffield Forest neighborhood, this single-level white brick home has been thoughtfully reimagined with a refined, modern aesthetic throughout. The setting provides a rare combination of a level, fenced yard with mature trees and fresh landscaping - all just minutes from Wade Hampton Boulevard and ideally positioned between Greenville and Greer for an easy commute throughout the Upstate. Inside, the open floor plan feels bright and inviting, highlighted by LVP flooring in warm natural tones, recessed lighting, and updated ceiling fans with integrated lighting. The kitchen showcases new cabinetry, granite countertops, modern lighting, and updated fixtures, blending contrast and texture in a timeless palette. Consistent design elements and fresh finishes throughout create a cohesive, polished interior ready for immediate enjoyment. The primary suite is generously sized and features its own full bath with a beautifully tiled shower, double sinks, and updated cabinetry. Secondary bedrooms provide comfortable, flexible space, while both bathrooms continue the cohesive design for a clean, modern look. A standout feature is the screened porch, extending the living area outdoors and providing a comfortable place to unwind while enjoying the privacy of the spacious 0.39-acre lot. The fenced backyard allows room to entertain, garden, or simply enjoy extra space. The LARGE LAUNDRY ROOM is thoughtfully equipped with cabinetry, a utility sink, and built-in storage for practical everyday function. Conveniently located, this home provides easy access to dining, shopping, and recreation while maintaining the feel of an established residential setting. With a full remodel, generous lot size, and a location that balances accessibility with privacy, this Sheffield Forest home delivers modern comfort in a timeless ranch design. GO SEE IT TODAY!
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.
