260 Chippewa Dr, Columbia, SC 29210
4 beds · 2 baths · sqft
Welcome to this beautiful brick ranch-style home, perfectly situated on a large double lot. This residence offers a harmonious blend of comfort, style, and functionality, making it an ideal choice for families seeking spacious and well-maintained property. This home boasts four generously sized bedrooms and two full bathrooms, providing ample space for everyone. The total living area spans an impressive 1,871 square feet. As you enter through the front door, you are greeted by a welcoming foyer that seamlessly transitions into a large living room and dining room. The open concept layout is accentuated by beautiful hardwood floors, creating an inviting atmosphere for gatherings and relaxation. The kitchen features a charming eat-in area, complemented by white cabinets, laminate countertops, and a stylish backsplash. This space effortlessly adjoins the great room, which includes a cozy brick wood-burning fireplace—perfect for chilly evenings. The primary suite is a private haven, complete with his and her closets and an en-suite bathroom, ensuring a peaceful retreat for the homeowners. Three additional secondary bedrooms share a spacious hall bathroom, providing convenience and comfort for family members or guests. This home is move-in ready, with several recent upgrades to enhance its functionality and efficiency: new septic tank installed in 2024, plumbing redone under the bathrooms and kitchen in 2023, updated electrical panel installed in 2021 and updated HVAC system in 2021. The expansive lot offers endless possibilities for future homeowners, whether you dream of creating a garden oasis, setting up a play area, or adding outdoor entertainment features. Additionally, the absence of an HOA gives you the freedom to personalize and enhance the property as you see fit.
Source: COLUMBIASC #597370
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #597370
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: #597370
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.