1 Whitetail Ridge Rd NW, Rome, GA 30165
5 beds · 4 baths · 2,982 sqft sqft
This incredible home in Battle Farm was built by one of Rome's master builders and is well designed and features many upgrades. As you walk in the front door you are welcomed in a large Great Room with high vaulted ceiling, exposed beams and fireplace. This open floor plan flows to the kitchen which features a large island that has a wonderful prep area for your baking needs with beautiful cabinetry and solid service counter tops. The large dinning room and will be a plus for entertaining your family and friends inside, but wait, just walk outside and you will find a screened porch with a beautiful stained high ceiling just waiting for game day or just a cup of coffee in the morning a deck and a privacy fenced back yard! This corner lot home is built in the middle of two lots and has a landscaped yard with automatic sprinklers. Upstairs you will find a in-law suite/teen suite, 5th bedroom or private office with a full bath and extra large closet plus attic storage. On the main level you will find a split bedroom plan with a large owners suite with a amazing bath, separate stand alone tub with a extra large tile shower, double vanity and walk-in closet! There are 3 other bedrooms and a full and half bath or make one your office on the main floor. Upgrades in the house include 3 garages, one features a separate entry and workshop area that is heated/cooled, the inside was freshly painted, new dishwasher, Double Thermal pane windows, burglar alarm, central vacuum, mud room, extra storage, separate large utility room, new gutters and Plantation Shutters throughout the house. The builder's plan has the sq ft approx. 2982+-
Source: FMLS #7476276
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7476276
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #7476276
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.