1001 Winburn Dr, Atlanta, GA 30344
3 beds · 2 baths · 1,536 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome Home ATL to this charming East Point gem, nestled in the highly sought-after Jefferson Park neighborhood! This home offers the perfect blend of modern updates and classic character, making it an exceptional find in one of Atlanta’s most beloved communities. Step inside to be greeted by real oak hardwood floors and abundant natural light that fills the spacious living room—ideal for relaxing or entertaining! The adjacent dining room provides the perfect setting for hosting gatherings, while the updated kitchen boasts granite countertops, shaker cabinets, a full-size pantry, and stainless steel appliances. The generously sized bedrooms offer ample storage, while the primary ensuite features a double vanity and a walk-in shower, adding a touch of luxury and space to your daily routine. Step outside to discover the true gem of this home—a large, flat lot! The backyard offers endless possibilities for outdoor fun, gardening, or simply enjoying your morning coffee or evening unwind sessions on the back deck, overlooking this private oasis. Beyond the home’s charm, its brand-new roof provides peace of mind, and the unbeatable location places you minutes from the airport, major highways, and all that Atlanta has to offer. Plus, the tight-knit Jefferson Park community and friendly neighbors make this more than just a house—it’s a home! Don’t miss out on this rare opportunity to own a piece of East Point’s best-kept secret. Schedule your showing today!
Source: FMLS #7548599
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7548599
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.