535 W Saddletree Dr, Woodruff, SC 29388
3 beds · 2 baths · sqft
Are you looking for a home in an exclusive location? Looking for that small town vibe where everyone knows everyone? This home is it! Welcome to this beautiful ranch home with versatile spaces in the desirable Orchards at Reidville Subdivision. Featuring three spacious bedrooms and two bathrooms, a large flex room over the attached 2 car garage, and a screened in, covered back porch, this home is designed to fit all your needs! Enter the home through the large living room that features a cozy fireplace. The living room connects to a den/family/multipurpose room. The formal dining room is also off the living room which is perfect for family gatherings and entertaining. The kitchen comes fully equipped with essential appliances (stove, dishwasher, microwave), an island, plenty of cabinets, and a cozy breakfast/eat in area for casual dining. You can also entertain in the spacious, covered, screened in back porch. The laundry room, bedrooms, and bathrooms are down the hall. The primary bedroom is spacious, complete with a walk-in closet and a separate bath and shower for your privacy and comfort. The finished flex room over the garage provides a versatile space that can be tailored to your needs; as a home office, playroom, or additional living area. Newly installed LVP floors in the main living areas. The neighborhood has a community pool for making memories and summer fun. You'd be surprise to learn how close you are to Duncan and Spartanburg. 5Minutes to Spartanburg and 5 minutes to Duncan. Less than 5 minutes to Reidville Rd. where all the shopping, dining, and entertainment is. 10 minutes to Highway 101 and 15 minutes to the BMW Manufacturing plant, 30 minutes to Greenville, and 5 minutes to Spartanburg's west side! Tyger River Park is right around the corner! District 5 schools! Make this house your home! Call today to schedule a showing appointment for your soon to be home! Don't miss out on this opportunity!
Source: GREENVILLESC #1549062
All values shown are estimated costs / mo.
Source: Public records
Source: GREENVILLESC #1549062
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 of Equal Opportunity Act.