508 Westbury Way, Simpsonville, SC 29680
3 beds · - baths · sqft sqft
***Eligible for 100% USDA Financing*** Welcome to this beautifully updated home that combines comfort and style. The inviting concrete curbing leads to a rocking chair front porch, perfect for enjoying your morning coffee. Step inside to a warm foyer with gleaming hardwood floors that leads to the open dining room and great room featuring a vaulted ceiling with a fan and a wood-burning fireplace, creating a perfect gathering space. To the right of the front door is the office with French doors which offers a quiet workspace, while a cozy nook provides an ideal spot for reading or can be transformed into an additional closet. The kitchen boasts breakfast bar seating, a stainless refrigerator, smoothtop stove, built-in microwave, dishwasher, and a pantry closet, making meal prep a breeze. —Step outside to the oversized patio, complete with privacy curtains and a firepit, ideal for entertaining in your private, fenced yard. —Retreat to the primary suite, where you will find a generous walk-in closet and a bathroom featuring a garden tub/shower and a vanity with a makeup sitting area. Two additional bedrooms share a well-appointed hall bath, perfect for family or guests. The convenient laundry closet adds to the functionality of this home. With fresh paint, newer carpet, and recent upgrades including HVAC, water heater, and roof with architectural shingles, this home is move-in ready. The 2-car garage with an insulated door ensures both comfort and convenience. Do not miss the opportunity to make this gem your own!
Source: GREENVILLESC #1540222
Interest rate and monthly payment estimated based on public records.
Source: GREENVILLESC #1540222
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.
Will an assumption work for me?
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?
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.
MLS ID: #1540222
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.