Welcome to your dream home! This beautifully maintained one-owner, two-story residence offers 4 bedrooms and 2.5 bathrooms, perfectly blending comfort, style, and functionality. Situated on a desirable corner lot with a fenced backyard, this home offers both privacy and ample space for everyday living and entertaining. Step inside to an inviting open-concept floor plan featuring fresh paint throughout and all-new flooring installed in 2024, including durable wood-look ceramic tile on the main level and luxury vinyl upstairs—no carpet anywhere in the home! The stunning, recently updated kitchen (2024) is truly the heart of the home, showcasing stylish backsplash, upgraded lighting, ample counter space, and a cozy breakfast area. It also features new appliances (2024), including a stove, dishwasher, and built-in microwave—perfect for gatherings both big and small. A versatile flex space on the main floor offers the ideal setup for a home office, hobby room, or additional living area. Upstairs, the spacious primary suite is a true retreat with vaulted ceilings, a large custom walk-in closet, and an ensuite bath featuring dual vanities, a separate shower, and a relaxing garden tub. Three additional bedrooms provide plenty of room for family or guests, with ceiling fans installed in every bedroom and the family room for added comfort. The half bath has also been beautifully renovated in 2024, adding even more modern appeal. Outdoor living is just as impressive with a nicely groomed yard, a large fenced backyard, and an extended concrete pad—perfect for cookouts, entertaining, or simply enjoying your own private outdoor space. An outbuilding is included for extra storage or workspace. The garage adds even more versatility with a built-in sink and cabinetry, making it ideal for a workshop, hobby area, or additional utility space. Major updates include a new roof installed in 2024, giving peace of mind for years to come. Located in a community that features a walking path, playground, and a cabana with a fireplace, this home offers the perfect balance of peaceful living and convenience. Just minutes from Simpsonville, with quick access to the Southern Connector and I-385, and less than 15 minutes to Greenville, this location truly can’t be beat. This move-in-ready home is packed with upgrades—don’t miss your opportunity to make it yours!
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.
