Welcome home to this GORGEOUS newer construction in Greenville! This beautifully designed 3-bedroom, 3-bath home with a 2-car garage sits on just over a quarter-acre treed lot, offering the perfect blend of modern finishes, functional design, and outdoor space. The backyard also features an adorable shed with electricity—ideal for a workshop, hobby space, or additional storage! Step inside to an open-concept floor plan filled with natural light, luxury waterproof vinyl plank flooring throughout the main living areas, decorator colors, and gorgeous granite countertops in the kitchen and all bathrooms. The thoughtfully designed layout includes two bedrooms with private en-suite baths, creating the perfect setup for guests, multi-generational living, or a private home office. A third full bath is conveniently located off the hall near the additional guest bedroom. The kitchen is truly the heart of the home, featuring a center island with extra storage, breakfast bar seating, and upgraded stainless steel appliances including smooth-top electric range, built-in microwave with vent, dishwasher, disposal, and refrigerator. Step outside to your oversized wood privacy-fenced backyard with double gates in both the front and rear—perfect for entertaining, pets, gardening, or additional parking for toys and trailers. Enjoy peaceful mornings with coffee or relaxing evenings on the covered back porch overlooking your beautiful treed lot. This home offers comfort, style, and versatility all in one—don’t miss your opportunity to make it yours! Schedule your private showing today! All appliances - including washer and dryer - convey.
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.
