Coming Soon townhome in a convenient location in Rock Hill SC. If you've been looking for a home that checks every box without the hassle of a yard to maintain, this is it. This stunning end-unit townhome in Millwood Plantation is move-in ready and packed with the features buyers are searching for. At 2,052 square feet, there's plenty of room to spread out — and the thoughtful layout makes every square foot feel intentional. The main level is made for real living. Hardwood floors run through the great room, dining room, and hallway, and the gas log fireplace makes it easy to picture yourself settling in on a cool evening. The kitchen features stainless steel appliances, 42" cabinets, and granite countertops — the kind of kitchen you actually want to cook in. And the primary bedroom is on the main level, which is a game changer for anyone who doesn't want to climb stairs at the end of a long day. Step outside and you've got a screened porch AND a stone patio. That screened porch? It's the kind of space people fall in love with the second they see it. Upstairs, two generously sized bedrooms and a spacious loft give you flexibility — home office, playroom, media room, guest space — whatever your life calls for. Now let's talk location, because this one is hard to beat. You're walking distance to Millwood Shopping Center — LA Fitness, great dining options, everyday errands all within reach. You're less than 4 miles to downtown Rock Hill. And if you commute to Charlotte, getting to I-77 takes less than 5 minutes. This isn't just a convenient location. It's a lifestyle upgrade. Community amenities include an outdoor pool, playground, and recreation area. HOA is $115/month and covers the kind of maintenance that makes low-maintenance living actually feel low-maintenance. Homes like this — end unit, primary on main, screened porch, unbeatable location — don't sit long.
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.
