4230 Train Chaser Pl Fort Mill, SC 29707
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About this home
NO HOA! ***Assumable 3.99% ANNUAL PERCENTAGE RATE!** One of the lowest priced 4 bedroom, 3 FULL bathroom homes on .67 acre in the heart of Indian Land. The moment you step onto the sprawling covered front porch via accessible ramp, you will feel the warmth of country living with all the modern-day conveniences just minutes away. The porch spans the full length of this nearly 2000 sq ft home, offering a spot for morning coffee or evening relaxation. Inside, the bright, open layout creates an inviting space for everyday living and entertaining. The kitchen features a gas range, perfect for home chefs who love to cook, oak cabinets and all appliances stay — including the refrigerator, washer, and dryer! With three full bathrooms, everyone has their own space — no waiting required! The expansive lot provides plenty of space to garden, play, park your RV on concrete pad, or simply enjoy hour own private piece of Indian Land. HVAC replaced in 2019. Tucked away, yet convenient to award winning schools, the new Target and Costco shopping centers, and popular restaurants. Done miss this rare opportunity to own a spacious, well-appointed home with NO HOA in one of the most desirable areas around!
Source: CANOPYMLS #4312196
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.