10 Brockmore Dr Greenville, SC 29605
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About this home
**Charming home in the heart of Woods at Bonnie Brae** Nestled in this quaint neighborhood, this delightful three-bedroom, two and a half-bathroom home is perfect for those who crave convenience, comfort, and a splash of fun. Step inside, and you'll be greeted by a bright and airy living space that effortlessly blends cozy charm and natural light. The spacious back yard makes a wonderful host to firepit evenings and lounging in your hammock. The owner’s suite has plenty of space for a luxurious set up. The Owner’s Bath features a double vanity, walk in closet, garden tub and a separate shower. Dive into summer fun with the neighborhood swimming pool just a stone's throw away. Say hello to your new favorite spot for sunbathing, splashing around, or simply enjoying a good book by the water. You’ll appreciate access to the two ponds and walking trail amenities. This home is just minutes away from Mauldin and Simpsonville shopping. But wait, there's more! Here’s the cherry on top: this gem comes with an assumable mortgage at an incredibly low 2.7% interest rate. Yes, you read that right! This is your chance to snag a fantastic home without breaking the bank. Whether you're a growing family, a first-time buyer, or just looking for a change of scenery, this house is where your next chapter begins. Don’t let this opportunity swim away—schedule your showing today and make this house your own!
Source: GREENVILLESC #1564673
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.