This is the one you've been waiting for!! Welcome to this beautifully updated bungalow in the highly desirable Westwood neighborhood of Simpsonville! This totally move-in ready 3 bedroom, 2 full bathroom home combines modern updates with timeless charm and an unbeatable location! As soon as you enter, you'll fall in love with the gorgeous luxury vinyl plank flooring that flows throughout the entire main level, creating a clean and cohesive look. The main floor primary bedroom offers convenience and flexibility, with a fully updated bathroom just nearby featuring a granite vanity and beautifully tiled tub surround. The galley-style kitchen is both stylish and functional, complete with granite countertops, a stunning tile backsplash, and all appliances included! The kitchen also opens to a dedicated dining area, providing the perfect space for a kitchen table and everyday meals or entertaining. Just off the kitchen is a spacious laundry room that also serves as a mudroom, and yes, the washer and dryer are included, making this home truly move-in ready! Upstairs, you’ll find two spacious bedrooms, including one with a walk-in attic storage area, along with a second full bathroom featuring a beautifully tiled walk-in shower. Enjoy your own private outdoor retreat. The oversided deck and adjoining patio are perfect for relaxing or entertaining, accented with charming Edison string lights and overlooking a large, fenced in backyard! There is even a storage shed for additional space. The landscaping has just been refreshed, giving this home fantastic curb appeal. With no HOA, you’ll enjoy added flexibility and ease of living! Located in Simpsonville, this home is just minutes from I-385 and Fairview Road, with easy access to Greenville, Mauldin, and Fountain Inn. Enjoy convenient access to shopping, dining, and everyday essentials while still feeling tucked into an established neighborhood. This is your chance to own a fully updated home in one of Simpsonville’s most sought-after areas for a great, 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.
