101 Rock Springs Rd, Columbia, SC 29223
4 beds · 4 baths · sqft sqft
Welcome to 101 Rock Springs, a spacious 4-bedroom, 3.5-bathroom home in the popular Spring Valley neighborhood of Columbia, SC. With 2,985 sq ft, this home is designed with comfort and modern living in mind, perfect for young professionals or growing families. On the main floor, there’s a private in-law suite complete with its own full bathroom, perfect for guests, extended family, or even a home office. The kitchen stands out with a unique layout and plenty of cabinet space, ideal for meal prepping or hosting. The open-concept living area is great for entertaining and spending time with loved ones. Upstairs, the primary bedroom serves as a relaxing retreat, featuring a soaking tub, walk-in shower, and dual vanities. Two additional bedrooms and another full bathroom provide plenty of space for roommates, family, or creative uses like a home gym or workspace. The backyard is a low-maintenance outdoor space, perfect for casual hangouts or relaxing weekends. A two-car garage provides plenty of storage and parking. Situated in the gated Spring Valley community, this home includes the added security of 24/7 monitoring. Spring Valley is well-known for its friendly atmosphere and convenience to shopping, dining, and recreation. It’s close to everything you need, with quick access to major roads for an easy commute. Whether you're looking to settle down or need a home base for a busy lifestyle, 101 Rock Springs is ready for you. Schedule your tour today and imagine the possibilities!
Source: COLUMBIASC #596935
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #596935
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: #596935
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.