Welcome to this beautifully appointed townhome where comfort, style, and low maintenance living come together effortlessly. The home makes a welcoming first impression from the moment you arrive. Step inside to a thoughtfully designed foyer featuring a built in niche with shelving and an outlet, offering a perfect place for everyday essentials, whether it is a soft glow from a favorite lamp or a convenient spot to keep devices charged and ready as you head out the door. From there, the home opens into a spacious living room that feels both inviting and connected, flowing seamlessly into the kitchen and dining area, an ideal setting for everything from quiet evenings to gathering with friends and family. At the heart of the home, the kitchen is as beautiful as it is functional. Modern gray craftsman style cabinetry, quartz countertops, and a timeless subway tile backsplash set the tone. While the large center island with pendant lighting invites conversation, casual meals, and lingering moments. The sink overlooks the rear yard, offering a peaceful backdrop to your daily routine. Just off the kitchen, the dining area, anchored by a lovely accent wall, opens to the extended patio with privacy screens on each side. Backing to a common area, the outdoor space feels open and expansive, like a natural extension of your home, perfect for morning coffee, evening unwinding, or weekend get togethers. Upstairs, the primary suite offers a true retreat, overlooking the serene rear yard and designed for rest and relaxation. The ensuite bath features a double vanity, upgraded tile flooring, and an expanded tiled shower with a bench seat and transom window that brings in soft, natural light. A spacious walk in closet completes the suite. Two additional bedrooms provide flexibility for guests, work from home needs, or growing households, while the hall bath with double vanity and the conveniently located upstairs laundry room make daily living that much easier. Thoughtful touches like a walk-in linen closet and upgraded open stair railing enhance both function and the light, airy feel throughout. The attached one car garage is a flexible space currently used as a home gym, ready to adapt to your lifestyle. This townhome is ideally located just moments from Lake Wylie, McDowell Nature Preserve, and Rivergate Shopping Center so get ready to enjoy easy access to outdoor recreation, dining, and everyday conveniences. Move right in and start enjoying a carefree lifestyle just in time for summer.
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.
