508 Craftsman Ln, Boiling Springs, SC 29316
4 beds · - baths · sqft sqft
**Stunning 4-Bedroom Home with Spacious Layout and Modern Comforts in Highly Sought-After School District!** Welcome to your dream home! This expansive 4-bedroom, 2.5-bathroom gem boasts a highly functional and open floor plan perfect for both everyday living and entertaining. Situated on a generous lot, this residence offers plenty of space and privacy for your family to enjoy. As you enter, you'll immediately appreciate the wide interior doorways that enhance the home's accessibility and flow. The heart of the home, the kitchen, is a chef’s delight with an abundance of cabinets and ample counter space, making meal prep and entertaining a breeze. The large family room is a cozy retreat, featuring a charming fireplace that sets the stage for family gatherings and relaxing evenings. The owner's suite is a true sanctuary, offering a spacious walk-in closet, vaulted ceiling and a luxurious owner's bath complete with a separate tub and shower. Step outside to the large back yard, a perfect spot for outdoor dining, barbecues, or simply unwinding in the fresh air. And for families, the award-winning Spartanburg County District 2 schools are just a short distance away, adding even more value to this exceptional home. Don’t miss your chance to own this beautiful property that combines comfort, functionality, and location in one perfect package. Schedule your showing today and experience everything this home has!
Source: GREENVILLESC #1533663
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1533663
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: #1533663
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.