500 Sweetgum Dr Unit 48C Fort Mill, SC 29715
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About this home
Welcome home to this inviting one-level, 2-bedroom retreat in sought-after Dogwood Hills! Thoughtful details, flexible living spaces, and wooded surroundings make this one stand out. Step inside to an open floorplan featuring a striking stone fireplace and seamless flow between the kitchen, dining, and family room. The kitchen boasts a custom raised bar, new microwave, and convenient access to both living and dining areas. A bright sunroom/flex space opens onto the expanded rear patio—perfect for cookouts, morning coffee, or simply enjoying the natural backdrop. The primary suite offers space and light with multiple windows, a walk-in closet, and ensuite bath. A generously sized second bedroom includes its own large closet and has a full bath nearby, ideal for guests. Additional highlights include a welcoming foyer with parquet flooring and coat closet, covered front entry with room for seating. Nicely landscaped side patio and peaceful, wooded common area in back. Dogwood Hills itself is a gem—beautifully wooded and conveniently located near Anne Springs Close Greenway (2,100 acres of nature, trails, and activities) and Kingsley Town Center with its lake, shops, and restaurants. This home offers comfort, flexibility, and connection to the outdoors—all on one level!! THIS PROPERTY OFFERS A UNIQUE OPPORTUNITY WITH AN FHA ASSUMABLE LOAN AVAILABLE FOR QUALIFIED BUYERS!!!
Source: CANOPYMLS #4305384
Loan details
Neighborhood
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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.