Welcome to this charming one-level home tucked away in the desirable Riverwalk subdivision of Irmo! Located on a quiet cul-de-sac, this 3-bedroom, 2-bathroom gem offers comfort, convenience, and a wonderfully livable layout that’s perfect for anyone seeking easy, relaxed living.Step inside to a warm and inviting interior designed with both everyday life and effortless entertaining in mind. The living area feels bright and open, creating a cozy space to unwind or gather with friends. The kitchen provides plenty of storage and workspace, making meal prep simple, and an adorable eat in area with bay window.The primary suite features its own full bath, while the additional bedrooms and second bathroom are positioned perfectly for guests, family, or a home office.One of the standout features of this property is the large, fenced-in backyard—an outdoor oasis waiting for your personal touch. Enjoy weekend barbecues on the spacious deck, let pets roam freely, or relax under the shade of mature trees. The yard also includes a versatile storage shed equipped with both water and power, ideal for a workshop, gardening space, or extra storage.Riverwalk is known for its friendly atmosphere, convenient location, and voluntary HOA, giving you the benefits of a well-kept community without the pressure of mandatory dues. Zoned for award-winning Lexington/Richland 5 schools and you will love being just minutes from fantastic dining, shopping, and major interstates—making commutes and everyday errands a breeze.If you’re looking for a well-maintained home with great outdoor space, a quiet cul-de-sac setting, and unbeatable convenience, this Riverwalk charmer is truly a must-see. Come discover the perfect blend of comfort, location, and lifestyle—welcome home! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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.
