Welcome home to this beautifully renovated one-level Craftsman-style gem offering the perfect blend of timeless charm, modern technology, and exceptional convenience. This thoughtfully updated 2-bedroom, 1-bath home is ideally located just 5 minutes from downtown Greenville, placing fine dining, entertainment, and vibrant city life right at your fingertips while still providing the comfort of a peaceful retreat. Inside, you’ll find gorgeous hardwood floors throughout, a spacious living room, dedicated dining area, and a versatile office/study perfect for working from home or creative space. The fully upgraded kitchen is designed to impress with stunning new granite countertops, tile backsplash, custom cabinetry, high-end induction cooktop, convection oven, built-in microwave, dishwasher, and refrigerator creating a sleek and functional heart of the home. The luxurious bathroom renovation features an expansive 5-foot-wide and 4-foot deep walk-in tile shower that delivers spa-like comfort and style. Smart home enthusiasts will appreciate the automated thermostat, automated deadbolts on the front, rear, and workshop doors, plus integrated lighting and fan controls throughout portions of the home and outdoor living spaces. Architectural in-wall speakers in the living room and primary bath are ready for integration into your custom audio and smart-home system. Outdoor living is equally exceptional. Relax on the inviting covered front porch or entertain guests on the expansive rear deck featuring a partially covered sitting area complete with integrated lighting and fans. The fenced backyard offers lush green space, mature shade trees, and a cozy firepit gathering area perfect for evenings under the stars. A standout feature of this property is the impressive 24’ x 16’ workshop/storage building complete with electricity, its own dedicated 60-amp subpanel, and automated lighting which is ideal for hobbies, projects, storage, or a private workspace. Additional updates include upgraded electrical systems throughout most of the home’s circuitry, adding peace of mind and functionality. Conveniently located just minutes from Travelers Rest, Furman University, the Swamp Rabbit Trail, and only 10 minutes to Paris Mountain State Park. Outdoor enthusiasts will love being just 30 minutes from Table Rock State Park for hiking, camping, and mountain biking adventures. Shopping, Lowe’s, and multiple grocery stores are all conveniently nearby. This is a rare opportunity to own a move-in-ready Craftsman home that perfectly combines character, comfort, smart technology, and an unbeatable location.
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.
