101 Andover Rd, Greenville, SC 29615
3 beds · - baths · sqft
You’ll fall in love with this completely renovated, light filled home in a great neighborhood. Perched on a wooded, private half acre lot, this brick ranch has a jaw dropping, modern open floor plan with a vaulted ceiling that makes the house seem twice as big. Enter into gorgeous hardwood floors throughout, a stunning tiled fireplace and a contemporary kitchen open to it all. French doors welcome you to the dining room or home office. The large pantry/laundry room off the kitchen has tons of storage space. Down the hall you will find a beautiful designer bath with Italian tile and modern vanity, followed by three bedrooms complete with ceiling fans. The master bedroom features an extraordinary bath with deluxe finishes like marble top double vanity and mirrored cabinets. Imported shower with sliding glass shower doors. Beautiful imported floor tile completes the designer look. Outside the family room opens up to a huge double deck for outdoor entertaining. The backyard is private, quiet and tree filled. One of the best features is the wonderful neighborhood and neighbors. Conveniently located in Heritage Hills near Botany Woods. Minutes away from downtown Greenville, Haywood Mall, and grocery stores. New Furnace , New driveway, New tankless water heater and new walkway. Custom Window treatments are new and neutral to go with any decor. Showings limited to qualified buyers.
Source: GREENVILLESC #1534842
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1534842
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #1534842
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.