This beautiful one-level, 4-sided brick home offers 4 bedrooms, 2 full baths, and a 2-car attached garage, ideally located in Simpsonville just minutes from Fairview Road shopping, dining, and convenient access to Interstate 385. An alternate route connects quickly to Georgia Road, providing even more retail options and easy commuting. Step inside to an open floor plan with vaulted ceilings in the living area and a cozy gas log fireplace—perfect for everyday living and entertaining. The kitchen is a standout, featuring granite countertops, a peninsular island with pendant lighting and bar seating, stainless steel appliances, brushed nickel hardware, tile backsplash, and a pantry closet. You’ll also appreciate both a formal dining room and a breakfast area for flexible dining options. Flooring is thoughtfully upgraded with wide-plank LVP in the living room, dining room, laundry room, and bathrooms, while the kitchen and breakfast area feature handscraped wood flooring. Ceiling fans in every bedroom enhance comfort throughout. The split-bedroom layout offers privacy, and both bathrooms include granite countertops. The spacious primary suite showcases a tray ceiling, dimmable bedside lighting, a walk-in closet with custom built-ins, and an en-suite bath with double vanities, garden tub, and separate shower. The fourth bedroom is versatile—ideal as a bedroom, home office, or study. Outdoor living shines with a covered screened porch, extended patio, and a sidewalk leading around the home to the driveway. The fenced backyard includes a 12x8 storage shed that conveys with the property. New roof installed in 2025 adds peace of mind. Enjoy neighborhood amenities including a community pool, common areas, and sidewalks. This home combines timeless brick construction, thoughtful upgrades, and an unbeatable location—Don't Miss Out On This One!
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.
