1 of 48
$410,000

4171 Moffre Dr, Boiling Springs, SC 29316

4 beds · - baths · sqft sqft

This gorgeous home is truly better than new with all of the premium upgrades & updates already taken care of & includes 4 Bedrooms, 3 Full Bathrooms, 3113 sq ft, 2 Car Garage & a fenced backyard. The covered front porch welcomes you to the large Foyer with custom moldings. This leads to the main floor Living Room with a gorgeous new 'feature' light fixture, custom moldings and fireplace with gas logs. The Living Room opens to the Kitchen and Breakfast Room with beautifully updated light fixtures, large island, gas cook top, built-in stainless microwave and upgraded double oven. The glass doors from the Breakfast Room lead to the covered patio with a custom privacy screen and the fenced backyard with lovely landscaping. Off of the Kitchen is a huge walk-in Pantry and a fantastic Butler's Pantry that leads to the large Dining Room with coffered ceiling and custom moldings. Also on the main level is a full Bathroom and the 4th Bedroom that can be used as a guest suite, office, in-law suite, playroom or flex space. A wonderful 'drop zone' & Mud Room area leads to the 2 car garage. Upstairs you will find a large Loft area with a gorgeous feature wall that works well as a 2nd living space, Den, Theater Room or Play Room. The large Primary Suite is on the 2nd level and includes tray ceilings, Private Owner's Den, huge walk-in closet, Full Bathroom with soaking tub, full size shower and double vanities. There is a large Laundry Room with extra storage on the 2nd level as well as a 3rd Full Bathroom & 2 additional Bedrooms. This beautiful home has large rooms, great storage and very well appointed spaces with the convenience of being move-in ready. Plus, this is a Smart Home! The Smart Home technology has Wi-Fi integration with the HVAC thermostat, Door access, some smart lighting and the ability to upgrade with cameras and other features. Also, the double pane windows and premium insulation system give great energy savings! The location has easy access to Hwy 9, Hwy 176, I-85 and I-26 plus, the neighborhood pool & playground are just down the street!

Interest rate 3
2.99%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,526
With Roam
$2,234
Reduce your monthly payments by $708 when you assume this mortgage.
You also save $233,653 in total interest paid.

$66,852
Edit

You may be able to put down less than the total down payment amount of $66,852 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Lot size
0.17 acres
Year built
2022
Type
Single Family Residence

Source: GREENVILLESC #1538346

Loan
Remaining term
27 years, 6 months
Rate
2.99%
Monthly P&I
$1,526
Remaining loan balance
$343,147

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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.

Will an assumption work for me?

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An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

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Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

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Last updated: Oct 20, 2024 05:02 pm
Listing agent: Kathy Ann Crowe
Listing provided courtesy of: BHHS C Dan Joyner - Sptbg
Details provided by GREENVILLESC and may not match the public record.
MLS ID: #1538346
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Greater Greenville Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Greenville Association of REALTORS®. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,526/mo
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