104 Royal Oak Ct, Simpsonville, SC 29680
5 beds · 3 baths · sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to DEVENGER PLACE – Home of the DEVENGER DOLPHINS SWIM TEAM! Tucked away in one of the most desirable neighborhoods on Greenville’s EASTSIDE, this beautifully maintained 5-bedroom, 2.5-bathroom home combines charm, space, and a true sense of community. As a resident of DEVENGER PLACE, you’ll enjoy exclusive access to the DEVENGER FAMILY CENTER, featuring an OLYMPIC-SIZE SWIMMING POOL, TENNIS COURTS, BASKETBALL COURT, and a WOODED PLAYGROUND — the perfect setting for active lifestyles and neighborhood gatherings. Inside, you’re welcomed by a warm and inviting living room with a COZY FIREPLACE. The kitchen received thoughtful UPDATES IN FALL 2024, including PROFESSIONALLY REFINISHED CABINETS and a SUPER QUIET DISHWASHER. It flows seamlessly into both a FORMAL DINING ROOM and a CHARMING BREAKFAST AREA, ideal for casual mornings or entertaining guests. A flexible SITTING ROOM or HOME OFFICE and a convenient half bath round out the main level. Upstairs, discover 5 SPACIOUS BEDROOMS and 2 FULL BATHROOMS, perfect for growing families or hosting guests. The fifth bedroom is accessible by a SECOND STAIRCASE adding a unique touch of privacy and versatility. Replacement WINDOWS have a LIFETIME TRANSFERABLE WARRANTY. Outside, you’ll find lovingly LANDSCAPED FLOWER BEDS, a FENCED BACKYARD, and a DECK ready for outdoor enjoyment. The home has been PET-FREE and SMOKE-FREE for over 30 years, making it an excellent option for those with allergies. Located on a peaceful CUL-DE-SAC, you’re just minutes from PELHAM ROAD, HUDSON ROAD, top-rated schools, the local library, and great shopping and dining options — and only about 10 MINUTES to vibrant DOWNTOWN GREENVILLE. Don't miss your chance to call Devenger Place home — where comfort, community, and convenience come together!
Source: GREENVILLESC #1555257
All values shown are estimated costs / mo.
Source: Public records
Source: GREENVILLESC #1555257
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.