668 Autumn Ridge Rd, Chapin, SC 29036
5 beds · 4 baths · 4,011 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Come check out this gorgeous, 5 bedroom 3 1/2 bathroom home with tons of space and outstanding curb appeal in Westcott Ridge! As you walk inside, you will notice the wonderful dining room complete with elegant finishes and a coffered ceiling. You will love the gourmet kitchen with custom painted cabinets, large pantry and granite countertops offering plenty of room for meal preparation. The kitchen opens up to a massive living room with archway walls, a coffered ceiling and a gas-log fireplace making for a nice space for family and friends to gather. The primary bedroom is oversized with stunning tray ceilings and plenty of natural light. It also has a large private bathroom with two vanities, garden tub, separate shower and a huge walk-in closet. Upstairs are the other 4 bedrooms with two of them featuring a Jack and Jill bathroom. The other two rooms are situated near a full bathroom and all the rooms feature vaulted ceilings and generously sized private closets. There is also a spacious loft area that can be used as an exercise room, office, media room, or playroom. So much space and opportunity for families of all sizes. The home sits on a nice sized lot with a fenced in back yard containing a 10' x 8' shed for added storage. Many of the ceiling fans are new as well as the garage doors and the irrigation control module has been recently replaced. This is a fantastic opportunity to own a beautiful home in an award winning school zone and close to the interstate where shopping, dining and entertainment is a short drive away! Don't miss out. Schedule your showing today! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #604928
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: COLUMBIASC #604928
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.