The one you’ve been waiting for is finally here!! Welcome home to this beautifully updated bungalow located in the highly sought-after Westwood neighborhood of Simpsonville! This completely move-in ready 3 bedroom, 2 full bathroom home perfectly blends modern upgrades, classic charm, and an unbeatable location! As soon as you enter, you’ll love the gorgeous luxury vinyl plank flooring that extends throughout the entire main level, creating a seamless and stylish feel. The convenient main floor primary bedroom offers easy accessibility, with a beautifully updated full bathroom nearby featuring a granite vanity and stunning tiled tub surround. The galley-style kitchen is both functional and beautiful, complete with granite countertops, eye-catching tile backsplash, and all appliances included! The kitchen opens directly to the dedicated dining area, making it the perfect setup for everyday meals or entertaining guests. Just off the kitchen, there is a spacious laundry room/mudroom combination, and yes — the washer and dryer convey as well! Upstairs features two generously sized bedrooms, including one with walk-in attic storage, plus a second full bathroom showcasing a gorgeous tiled shower. Outside, enjoy your own private backyard retreat! The oversized deck and adjoining patio create the ideal entertaining space, complete with charming Edison string lights and overlooking the large fenced backyard. There’s even a storage shed for all your extra storage needs. The landscaping has recently been refreshed, adding even more curb appeal to this already charming home. Plus, the downstairs will receive a fresh coat of paint before closing, making this home feel even more fresh and move-in ready for its next owner! And with no HOA, you’ll love the added flexibility and freedom. Conveniently located just minutes from I-385 and Fairview Road, this home offers quick access to Greenville, Mauldin, and Fountain Inn, along with shopping, dining, and everyday conveniences nearby — all while being nestled within an established neighborhood. Don’t miss your opportunity to own this beautifully updated home in one of Simpsonville’s most desirable areas at an affordable price! Schedule your showing 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.
