108 Allison Dr, Fountain Inn, SC 29644
4 beds · - baths · sqft
This stunning one-level home on 3.44 acres in the desirable Lakeview Acres subdivision is a true gem! Offering over 3,600 square feet of thoughtfully designed living space, this property is a rare find and checks all the boxes. Built by Sadler Construction in 2006, it combines elegance with function, providing plenty of room for family and guests. The home features a spacious floor plan with 4 bedrooms, 2.5 baths, and a large primary suite with a coffered ceiling, dual vanities, a garden tub, separate tiled shower, and dual closets. A Jack-and-Jill bath setup serves two of the additional bedrooms, and there's a dedicated office space for your convenience. The gourmet kitchen is a chef's dream, complete with a Bosch gas cooktop, JennAir wall oven and microwave, built-in JennAir refrigerator, ice maker, beverage fridge, prep sink, and a custom butler’s pantry. The adjoining sunroom offers another spot to entertain or just relax. From there, the owners have installed a new screened-in porch area, including EzeBreeze vinyl windows and a gas fireplace to enhance this entertaining paradise! Additional highlights include a garden room, ample storage throughout, including a shed with a loft inside, a walk up attic, a side-entry two-car garage. A separate man cave, which was renovated down to the studs, with new foam insulation, engineered hardwood floors, electrical, and mini-split, perfect for entertaining or a quiet retreat. Main house has 2 year old HVAC system with dehumidifier that includes a transferable warranty. For outdoor enthusiasts, this property is a paradise. With a private community lake, Lake Beulah, just a short stroll away, you can enjoy the use of a private boat ramp and picnic area. The meticulously landscaped lot, created by a master gardener, enhances the beauty of this serene setting. The home also boasts an upgraded irrigation system, ensuring the grounds stay lush year-round, and six security cameras for added peace of mind. Conveniently located less than 20 minutes from downtown Simpsonville and major shopping, this home offers a peaceful retreat with easy access to all the essentials. With many updates and attention to detail throughout, this is a property you won’t want to miss. This home offers a lifestyle—don’t let it pass you by!
Source: GREENVILLESC #1541344
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1541344
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: #1541344
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.