5 Yellow Fox Rd, Greer, SC 29650
4 beds · 3 baths · sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful craftsman style home with an open & flexible design. Nearly 2700 sq ft, this attractive 4BR, 3BA home features a walk-in laundry, office with French doors, spacious 1st floor primary owners suite, and 2nd & 3rd bedrooms on 1st floor. Upstairs, there's a 4th BR, full bath & rec/flex room with vaulted ceilings, along with huge storage closet & walk-in attic. Back downstairs, 9' ceilings and abundant windows allow natural light to infuse the living areas, accentuating the comfortable feeling of well-designed space. From the luxurious kit & huge dining space opening to a greatroom with double doors leading to a covered patio preceding an expansive deck, to the wrought-iron style backyard fencing, there’s no shortage of special features. Powered sun-shades & retractable awning around covered patio, granite kitchen & bathroom counters, tankless water heater, and shady & relaxing front porch are some of the homes additional amenities. The large, primary BR suite features a luxurious bathroom with separate vanities, tiled walk-in shower & spacious walk-in closet. The house is in excellent condition with low maintenance LVP and wood floors, and tilt-in windows. Sudduth Farms has a great amenity package incl. 4 pickleball courts, pool, playground, beach volleyball court & covered picnic areas. All this & more in an excellent location just between Greer and the Eastside. Convenient to downtown Greenville & Greer, many excellent shopping, dining & recreation venues and close to one of the best combinations of schools in the county. You’ll be proud to call this fantastic property home!
Source: GREENVILLESC #1554000
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: GREENVILLESC #1554000
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.