10 Eagle Ct, Newnan, GA 30265
4 beds · 4 baths · 3,254 sqft
Reduced for Quick Sale! Stunning 4 bedroom home on cul-de-sac lot in sought after Summergrove Community. Entire exterior freshly painted as well as some interior rooms to create a rich/warm environment for you to enjoy. It features hardwood floors throughout the common areas. The kitchen has a 4-seat granite breakfast bar, stainless steel appliances, as well as a wine cooler. The formal dining room has a lovely tray ceiling. The main floor features a flex room great for office space plus another bonus room that could be used for home school/playroom/office/media room or even a guest room. Upper level includes a large master bedroom and bath with whirlpool tub, large double sink area, roomy tiled shower and huge walk-in closet. Walk across the breezeway that looks down over foyer and great room to 3 more bedrooms that all connect to a bonus area and 2 more full baths. On the main level there is a lovely kitchen/breakfast area open to the large 2 story great room that boasts a wall of windows, fireplace, bookshelves. Both HVAC units installed 2021. Enjoy entertaining on back patio and large backyard with outbuilding. Summergrove has tremendous amenities including three pools, a 100-acre lake, tennis and pickleball courts, a golf course, lazy river, playground, clubhouse and walking trails. Conveniently located near Ashley Park shops and restaurants, a hospital, physician offices, I-85 and only 30 minutes from Atlanta-Hartsfield Airport. "1 year home warranty included"
Source: GAMLS #10328947
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10328947
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: #10328947
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.