208 Arborwalk Ct Simpsonville, SC 29681
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About this home
Your Five Forks Dream Home Awaits! This stunning 4-bedroom, 3-bath home in the heart of Simpsonville’s coveted Five Forks community has been transformed with designer upgrades, modern finishes, and thoughtful details at every turn. Perfectly positioned just minutes from Woodruff Road, and Greenville’s best shopping and dining, this home delivers both convenience and lifestyle. Step inside and be greeted by soaring ceilings, an open layout, and natural light that fills every room. The heart of the home features a gorgeous oversized island, perfect for entertaining, meal prep, or gathering with friends and family. Modern matte-black light fixtures and custom accent walls bring a fresh, sophisticated touch. A dedicated office with French doors offers the perfect space to work from home in style. Upstairs, a spacious flex room with a closet and window doubles as a 4th bedroom, media room, or playroom — the choice is yours. The luxurious owner’s suite boasts a custom walk-in closet designed to be every homeowner’s dream, combining organization with elegance. Outdoors, enjoy evenings around the fire pit in your private backyard oasis — ideal for entertaining or relaxing under the stars. ?? Special Financing Opportunity! This home also offers a rare chance to assume the existing mortgage at just 2.6% — far below today’s market rates near 6%. That’s over $1,000 in monthly savings and more than $60,000 in the first 5 years alone. Seller is open to an assumption with an agreed purchase adjustment. Don’t miss your chance to own this one-of-a-kind Five Forks home — where modern upgrades, custom luxury, and unbeatable financing create the perfect move-in-ready opportunity.
Source: GREENVILLESC #1566784
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.