41 Arizona Ct, Elgin, SC 29045
4 beds · 3 baths · 2,101 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Move-in ready and just 3 years young, this immaculate home is located at the end of a quiet cul-de-sac. The property features a fully fenced backyard with good space between neighbors. Built recently, the home comes with a transferable structural warranty from the original builder, providing peace of mind for years to come.The desirable neighborhood offers a community pool, sidewalks, and is just 25 minutes to Fort Jackson—a perfect blend of comfort and convenience. One of the major benefits of a newer home is having an HVAC system and roof that are only a few years old!Luxury vinyl plank flooring runs throughout the entire first floor, which includes a formal dining room, a bright living room, a powder room, and a spacious kitchen. The kitchen is ideally situated with an open view to the living room and offers plenty of cabinet space, ample countertops, a pantry, and ceiling speakers for effortless entertaining. Sliding doors off the kitchen lead directly to the backyard, making grilling and outdoor living a breeze.The living room is bathed in natural light and features a natural gas fireplace with views of the backyard. Upstairs, the primary suite is a true retreat with its generous size, tray ceiling, and large windows. The primary bathroom is designed for luxury, offering TWO walk-in closets, dual vanities, a separate shower, a large soaking tub, and a private water closet.The three additional upstairs bedrooms are all nicely sized, featuring ceiling fans, blinds, and well-maintained carpet. A spacious full bathroom conveniently serves these bedrooms. Completing the second floor is the laundry room, ideally located to make daily chores a little easier.This home truly offers a like-new feel, modern finishes, and thoughtful upgrades in a welcoming community setting. It’s ready for you to move in and start enjoying immediately! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #606167
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 #606167
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 and Equal Opportunity Act.