228 Sweetwater View Rd, Seneca, SC 29672
3 beds · 5 baths · sqft
Welcome to your dream home with breathtaking Lake Keowee views! Nestled in the picturesque Sweetwater neighborhood, this custom-built craftsman-style lake home is perfectly situated on a spacious 0.63-acre lot. From the moment you arrive, you'll be captivated by the home's stunning architectural details and quality craftsmanship. This home is ideal for enjoying the Lake Keowee lifestyle with your family or as a fantastic investment opportunity. You can use it as a short-term Airbnb rental, or take advantage of the flexible layout by converting the basement into a separate rental space while living upstairs. The possibilities are endless! A charming flagstone porch and walkway lead you to the grand two-story foyer, opening into an inviting, open-concept floor plan. The modern kitchen, complete with a gas range oven, is thoughtfully designed for entertaining, seamlessly connecting to the dining area and great room. Relax by the stone fireplace or step out onto the covered deck, where you'll find another outdoor stone fireplace and serene lake views — the perfect space to unwind and enjoy the beauty of Lake Keowee. The primary suite is a private retreat, featuring panoramic water views, a spacious walk-in closet with built-in shelving, and a spa-like bathroom with abundant natural light, a walk-in shower, and a luxurious soaking tub. The main level also includes a second bedroom with an en-suite bathroom and walk-in closet, a convenient laundry room with a sink, and a guest half-bathroom. The fully finished lower level offers endless possibilities for guests or multi-generational living. It features a large great room with a third gas fireplace, multiple flex spaces (including an option for a fourth bedroom), office space, a storage/workshop area, and a walkout patio with a fourth stone fireplace. This level could even be converted into an income-producing Airbnb. A secondary paved driveway leads to the lower level, complete with a parking pad and carport, ideal for storing a boat or providing additional parking. The exterior wheelchair lift elevator conveniently connects the lower level to the main deck. For added peace of mind, the home also includes a full-home generator, ensuring comfort and functionality no matter the weather. Enjoy the beauty of Lake Keowee with evening strolls through the scenic neighborhood or take advantage of the nearby public boat ramp, just a couple of miles away. With its close proximity to shopping, dining, medical centers, outdoor adventures, Clemson University, and easy access to I-85/Hwy 11, this home offers both tranquility and convenience. Plus, there’s no HOA to worry about! Ask about available lender assistance of .5% up to $2,000 off your mortgage payments. Don’t miss the opportunity to own this remarkable property — your perfect lakeside retreat awaits.
Source: GREENVILLESC #1548093
Financials
Source: Public records
Source: GREENVILLESC #1548093
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.