5914 Old Pearman Dairy Rd Anderson, SC 29625
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About this home
Minutes from Lake Hartwell - a 3-minute drive to the closest boat ramp to be exact! Enjoy the lake life without paying lakefront pricing. Step inside to an open floor plan with the highly desirable primary suite on the main level. The designer kitchen is a true showpiece, featuring a stainless-steel farmhouse sink, granite countertops, a large island, and premium stainless appliances—including a built-in microwave, gas range, and dishwasher. Luxury laminate hardwoods flow throughout the main living areas, while plush carpet adds comfort to the bedrooms and bonus room. Bathrooms and the laundry room are styled with sleek tile. A cozy gas-log fireplace anchors the living room, which is filled with natural light. Upstairs, you’ll find a generous bonus room, three spacious bedrooms, and two full bathrooms. Two of the bedrooms share a Jack-and-Jill bath, each with its own private vanity. Enjoy your mornings on the covered back porch overlooking a tree-lined backyard. Fencing has been added to both the front and back of the property, offering a secure and convenient space for kids to play or pets to enjoy the outdoors. Just around the corner, a boat ramp provides easy access to Lake Hartwell—perfect for weekends on the water. With a structural warranty still in place, this is truly an opportunity you don't want to miss!
Source: GREENVILLESC #1570545
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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.
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