An exceptional opportunity to enjoy modern luxury and peaceful living in one of the Upstate’s most convenient locations. Nestled in the established Pelham Glen community, this beautiful residence offers refined living, thoughtful design, and the perfect balance of comfort and sophistication. From the moment you step inside, you’ll notice the light-filled interior and open-concept layout that creates a seamless flow between living, dining, and entertaining spaces. Designed with both everyday living and hosting in mind, the spacious floor plan allows family and guests to gather effortlessly while still enjoying plenty of room to relax. The primary suite offers a luxurious retreat, featuring a spacious bedroom and an inviting ensuite bath designed for comfort and relaxation. Generously sized secondary bedrooms provide flexibility for family, guests, or a home office, making the home as functional as it is beautiful. Step outside and discover a private backyard oasis. The extended patio creates an exceptional outdoor entertainment space, ideal for weekend gatherings, grilling with friends, or simply enjoying peaceful evenings under the Carolina sky. The fenced yard offers additional privacy and backs up to wooded space, giving the home a serene and secluded feel rarely found in such a convenient location. Equipped with modern smart home technology, this residence offers the advantages of newer construction and contemporary living while being located in an established neighborhood known for its quiet streets and welcoming, family-friendly atmosphere. Pelham Glen showcases charming traditional and craftsman-style homes that create a timeless neighborhood appeal. Location is truly one of this home’s greatest luxuries. Residents enjoy close proximity to Costco, Trader Joe’s, Tyger River Park, Pelham Medical Center, and Kids ‘R’ Kids Learning Academy, along with the exciting new event center scheduled to open in June 2027. The home is also perfectly positioned between Greenville and Spartanburg, with quick access to downtown Greenville, downtown Greer, and GSP International Airport. Zoned for highly regarded local schools, the area continues to attract buyers seeking both quality living and long-term value. 154 Pelham Glen Way offers more than just a home—it offers a lifestyle of elegance, convenience, and everyday luxury. A rare opportunity to enjoy modern comfort in a beautifully established community in the heart of the Upstate.
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.
