286 Traditions Cir, Columbia, SC 29229
4 beds · 3 baths · sqft sqft
Welcome to your NextHome in the all brick home community of Traditions. This move in ready, one owner home has been meticulously maintained and consistently upgraded throughout their occupancy. Recently painted throughout, newer LVP everywhere except bedrooms and FROG, new marble floor in guest bath, complete renovations in primary suite bathroom with imported Italian tile throughout, standalone tub with handheld sprayer and a spa like separate shower with multiple sprayers. All of the bedrooms are generously sized with large closets. There is an office/flex on the main floor with French doors and a large walk-in closet. The FROG has its own mini split HVAC to keep the temp exactly how you want it for that room. The garage is an extension of the home. It is completely finished with painted epoxy floors, its own mini split HVAC and recently added upgraded garage door that’s sealed. With all the beauty the interior holds you will be blown away in the tranquil paradise backyard that backs up to the nature that comes from the preserved wetlands. The terraced patio with the hardscaping extending across the back side of the home and extending through the side gate has 2 pergolas and 1 of 2 koi ponds. The other koi pond is in the lush landscaping along the parameter of the yard. This is a home you really need to experience live. You won’t want to leave.
Source: COLUMBIASC #592909
Interest rate and monthly payment estimated based on public records.
Source: COLUMBIASC #592909
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: #592909
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.