Welcome to 608 Hampton Road in Liberty, SC. This traditional style home is beautifully tucked away in the well-respected Hampton Place neighborhood. Hampton Place is often highly sought-after for its quaint atmosphere, oversized wooded lots & pride of ownership. As you explore, you will notice that pride of ownership is displayed throughout the neighborhood with nicely landscaped yards & lovely, well-maintained homes! This low traffic neighborhood makes it a great spot for exercise, safely run or walk. Cul-de-sacs are ideal for playing children- play your favorite sport, ride your bike or just run around with your pet! 608 Hampton Rd is located on a large lot, boasting 4 large bedrooms & 3 full bathrooms, all on ONE story. Home design features a split floor plan with the primary suite located to the right rear of the home & 3 additional bedrooms located down the left hall. Through the front door, you will be met with an impressive living room. The wood fireplace & surrounding mantel are the focal point of the room, while the vaulted ceilings finish off the overall appeal of the room! Hardwood floors run throughout most of the of main living area. The kitchen is partially open to the living room - featuring ample cabinet & counter space, including extra prep & serving space with the island. Adjoining the kitchen is a dedicated dining room that is just about as lovely as they come! Large windows allow natural light to fill the space. Two additional rooms to the rear of the home offer flexibility. Designed as a breakfast room, you can adjust the use of the room to fit your personal needs- maybe you work from home, this would be a fantastic home office! If you prefer coffee, books & other small hobbies, then gather your favorite items & enjoy the room located off the living room (would also make a great play space for younger children). The primary suite is tucked away for privacy, bedroom measures approx 16x14 in size, featuring enough space for large furniture! Private bedroom features double sink vanity, a walk-in shower, a separate soaking tub & access to the walk-in closet. Additional features of the home : oversized walk-in laundry room with cabinets & counter space for added convenience, an oversized two car garage. Located on the left side of the home, down the hall are 3 additional bedrooms & 2 full bathrooms. Rear bedroom is set up with access to a private bathroom & the remaining 2 bedrooms have access to the large hall bathroom. While the primary bathroom does provide a soaking tub, bathrooms 2 & 3 feature a tub/shower setup for easier bath time with little ones. Do you like to entertain & enjoy hosting cookouts with friend & family? You do not want to miss out on this backyard! Rear deck provides plenty of space for seating & gathering. This backyard is set up to enjoy almost anytime of year with family & friends! There is ample space for kids to play or pets to roam. HVAC installed new April 2024. While we are aware that there will be personal preferences on cosmetic finishes, the sellers are aware that there is work that needs to be done to the rear deck & interior carpets. This is a great opportunity to get a great 4 bedroom, 3 full bathroom one story home at a more affordable price point. Provides quick access to surrounding shopping, schools & restaurants. This location offers plenty of opportunities for adventure! Local lakes, like Lake Keowee, are great for boating, fishing & other desired lake activities. Table Rock is ideal for hiking & exploring some of the best outdoor areas SC has to offer! Small surrounding towns have fun activities like outdoor summer music series, farmers markets, walking & biking trails & so much more! If you are a college sports fan, Clemson University is less than a 30min drive away. Maybe you're not into sports, but you consider yourself a foodie? Greenville, SC is well known to foodies across the country- just a short 40 min away. Opportunity awaits, make your appointment today!
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.
