3 Swenson Ct, Taylors, SC 29687
4 beds · 3 baths · sqft
***OPEN HOUSE, SATURDAY, APRIL 5th, 2-4pm*** Welcome to 3 Swenson Court, a charming and well-maintained home tucked away in the picturesque community the Meadows at Blue Ridge Plantation in Taylors, South Carolina. Designed for both comfort and style, this beautiful residence offers four bedrooms, two and a half bathrooms, and over 2,200 square feet of thoughtfully designed living space. From the moment you step inside, you'll be greeted by an open and airy floor plan that seamlessly blends functionality with modern elegance. The well-appointed kitchen features ample counter space, a convenient eat-at island, and flows effortlessly into the great room, where vaulted ceilings and a cozy gas log fireplace create the perfect space for relaxation or entertaining guests. Recently installed hardwood flooring extends through the great room, dining room, and hallways, adding warmth and sophistication to the home’s interior. Step outside onto the screened in porch, a peaceful retreat overlooking a spacious, fenced backyard—ideal for morning coffee, evening relaxation, or hosting weekend barbecues. The home’s thoughtful design continues with generously sized bedrooms, including a primary suite that serves as a private escape with an en-suite bathroom. Built in 2006 on approximately 0.24 acres, this home also features an attached garage for added convenience. Nestled a highly desired area, residents enjoy a tranquil neighborhood setting while being just a short drive from shopping, dining, and outdoor recreation. With its blend of modern comforts, elegant details, and a prime location, 3 Swenson Court is ready to welcome its new owners to a lifestyle of warmth and convenience.
Source: GREENVILLESC #1551395
Financials
Source: Public records
Source: GREENVILLESC #1551395
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.