Welcome to your peaceful private oasis in the charming town of Clover, SC! This 3-bedroom, 2-full-bath home with a desirable split bedroom floorplan sits on a spacious 1-acre lot, offering the perfect blend of comfort and country tranquility. The home has been beautifully refreshed with numerous high-end updates completed in late 2025 and early 2026, including a new Goodman HVAC system (Dec 2025), professionally installed Durvana flooring and baseboards (Mar 2025), an EZ Pro bath walk-in shower (Jan 2026), a new Rheem water heater (Nov 2025), modernized ceiling fans (Nov 2025), a new dishwasher (Dec 2025), a changed well filter (Dec 2025), a replaced water valve under the house (Jan 2026), bathroom updates with new vanity, lights, mirrors, and toilets (Dec 2025), five new smoke detectors (Dec 2025), and a new garbage disposal (Jan 2026). Step inside to find a fresh interior with stylish Durvana flooring, modern fixtures, and an inviting open layout that’s ideal for everyday living and entertaining. The split bedroom design provides excellent privacy—the primary bedroom is tucked away on one side with its own full bath, while the two additional bedrooms and second full bath are conveniently located on the opposite side—perfect for families, guests, or a home office setup. The kitchen offers ample counter space and plenty of natural light, making it great for home-cooked meals or casual gatherings. Outside, the private 1-acre lot is your own secluded paradise. Enjoy the freedom to garden, play, or simply relax amid mature trees and open space. Whether you’re looking to add a workshop, fire pit area, or just appreciate the elbow room, this property delivers rare privacy in a desirable location.
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.
