895 Ergle St, Graniteville, SC 29829
4 beds · 3 baths · 2,558 sqft
This charming historical home nestled on 2.27 acres, offers ample space for everyone and the convenience of an owner's suite on the first floor! Relax in a rocking chair on the front porch and step inside to hardwood floors! The spacious living room boasts crown molding and a cozy gas fireplace, seamlessly connecting to an office and dining room through elegant archways! The fantastic sunroom leads to an outdoor patio and an above-ground pool (new June 2024), perfect for entertaining or unwinding on warm days! The kitchen features brand new appliances with a gas range, built-in microwave, dishwasher, and refrigerator (new 2023) with water filter & ice maker. Off the kitchen is a den bathed in natural light from rows of windows over looking the scenic backyard with gazebo. Retreat to the owner's suite on the main level, complete with a sitting area and a full bathroom. There is a second bedroom on the main level with a fully renovated bathroom and beautiful tile work in the shower! Upstairs, you'll find two additional bedrooms, one featuring a charming gas fireplace and French glass doors that open to a cozy sitting room and stunning balcony—an ideal setup for an ensuite. A large bathroom on this level adds to the convenience with chair rail and linen cabinet. The washer and dryer are new (2022) and will convey with purchase. The upstairs HVAC system is brand new, ensuring comfort year-round. This property includes a side-entry, oversized two-car garage with the added benefit of two driveways for extra parking. The lot can be subdivided to add a second home or to be further sold as the buyer chooses. Well water is available for the irrigation system and the pool, keeping costs low. Professionals and Investors take note: 12 minutes from Savannah River Site, 8 minutes from USC Aiken, 8 minutes to Bridgestone Tire plant, 34 minutes from Ft Eisenhower. Don't miss the opportunity to make it your own! Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Source: COLUMBIASC #603679
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Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: COLUMBIASC #603679
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.