1113 Walden Place Dr, Elgin, SC 29045
4 beds · 3 baths · 3,250 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home! This is the one you’ve been waiting for! BRAND NEW LVP FLOORING IN KITCHEN!! Don’t miss the opportunity to own this stunning 4-bedroom, 2.5-bathroom home, complete with THREE incredible bonus rooms! ASSUMABLE LOAN, 3.175% INTEREST RATE!!! As you enter, you’ll be greeted by a grand two-story foyer, setting the stage for the elegance and charm that flows throughout the home. The formal living and dining rooms give perfect spaces for hosting gatherings or enjoying intimate family dinners. On the main floor, you’ll find a spacious bonus room with double doors, ideal for a home office or a cozy reading nook. The open-concept kitchen flows effortlessly into the expansive family room, where a wood-burning fireplace sets the perfect mood for chilly evenings. Step outside to your brand-new deck and fully fenced backyard—an entertainer’s dream and your own personal retreat. Whether you’re hosting a BBQ or unwinding in peace, this space is designed for both relaxation and fun. Upstairs, the oversized primary suite awaits, featuring vaulted ceilings and plenty of space for all your furniture and decor. The luxurious en-suite bathroom includes a huge soaking tub, separate shower, double vanities with ample counter space, and a spacious walk-in closet with custom built-ins for all your shoes and accessories. No more walking up and down stairs to do laundry, it's on the second floor! Three additional generously sized bedrooms provide ample space for family or guests, with large closets and plenty of room to grow. The bonus room upstairs is perfect for a media room or play area—grab the popcorn and enjoy! And, within this bonus room, you’ll discover yet another bonus space—ideal for extra storage or the walk-in closet of your dreams. This home has it all—space, style, and functionality. Come see it today and make it yours tomorrow! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #599718
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: COLUMBIASC #599718
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.