Welcome to 27 Camarillo Court, nestled in the sought-after Saddlehorn community in Pelzer. This beautifully upgraded 4-bedroom, 4.5-bath home offers a rare blend of modern elegance, thoughtful design, and lifestyle-driven living. Set within a unique equestrian-friendly neighborhood, Saddlehorn offers a one-of-a-kind setting where residents can enjoy scenic views of grazing horses OR even board their own creating a peaceful, countryside atmosphere that’s anything but ordinary. Inside, this home stands apart from traditional floorplans with its highly desirable layout featuring three private primary suites—one on the main level and two upstairs....each complete with walk-in closets and en-suite baths, making it ideal for multi-generational living or hosting guests in comfort. The open-concept main living area is bright and inviting, highlighted by rich hardwood floors and a gourmet kitchen with a gas stove, perfect for both everyday living and entertaining. A flexible secondary living space offers endless possibilities for a home office, fitness room, or media space. A tankless gas water heater adds efficiency and modern convenience. Now, step outside onto the Trex deck and unwind there or on the screened porched, while overlooking tranquil horse pastures, a view that truly sets this property apart. The fenced backyard is spacious and pool-ready, offering plenty of room to create your own outdoor retreat. Additional upgrades include a high-tech pet door and brand-new gutters with a transferable warranty, adding both function and peace of mind and so much more. These sellers left nothing off when building this home. While the home carries a Pelzer address, it’s ideally located in highly desirable Greenville County, offering exceptional convenience. Just minutes from Simpsonville that is known for its vibrant community, shopping, and dining and a short drive to the energy and charm of downtown Greenville, you’ll have easy access to some of the area’s best restaurants, boutiques, and entertainment. This prime location truly delivers the perfect blend of peaceful surroundings and everyday convenience. Schedule your private showing today and experience a home that truly stands out from the rest.
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.
