Welcome to this beautifully maintained 4-bed, 2-bath, 1.5-story home located in the highly sought-after WREN SCHOOL DISTRICT. Thoughtfully upgraded and impeccably cared for, this residence blends modern luxury with everyday comfort with appx 2700 sq ft. Step inside to a warm and inviting living room featuring a gas fireplace, flowing seamlessly into a charming breakfast nook and a private formal dining room. Fresh interior paint, luxury vinyl flooring, upgraded lighting, and stylish finishes create a cohesive, elevated feel throughout. The spacious primary suite boasts a tray ceiling, dual closets—including a fully renovated “princess closet”—and a spa-inspired bathroom with an upgraded walk-in shower and separate soaking tub. The kitchen is a true showpiece, offering upgraded granite countertops, a redesigned prep island, a custom pantry, imported Italian tile backsplash, and a full suite of new smart appliances, including an upgraded air-fryer stove, a new installed dishwasher, and a smart washer/dryer. The refrigerator remains in the home. Outside, the level backyard offers peaceful moments with chirping birds and soft, lush grass—plus no steps leading into the home, making entry easy for everyone, including a newly enclosed back patio with additional patios for the gazebo, and the grill; for entertaining, and a sandbox for hot tub or sand toys, all on .60 acres. And helping this lush yard to stay healthy is a 4-zone irrigation system, surrounded by a newly installed, 5-foot fence Additional highlights include: · Step-in tub in guest bath · Updated faucets · Level, no-step entry from the backyard · Peaceful, bird-filled outdoor space with lush, carpet-like grass · Upgraded chambered system leach lines · Transferable termite bond · Neighborhood pool access (currently $525 HOA) · 10 x 16 shed comes with the home Its location offers quick access to Highway 81 and I-85, making commutes to Anderson, Greenville, and surrounding employment hubs simple. With spacious floorplans, a convenient location, and access to quality schools, Hemlock is a great place to plant your roots in the Upstate. MOVE-IN READY and waiting for you.
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.
