101 Glen Eagle Way, Mcdonough, GA 30253
5 beds · 5 baths · 8,509 sqft
Exquisite estate home on 1.5+ acre golf course lot in the gated country club community of Eagle's Landing, the premier country club community located 20 minutes from Hartsfield Jackson International Airport and 35 minutes from downtown Atlanta. Words cannot describe the intricate detail you will find in this lovely home. From the moment you enter the 2 story foyer you will see the massive crown moldings and oversized trim. The foyer is flanked on one side by a formal dining room on one side and a TRUE library with built in bookcases on the other. The chef's kitchen has custom built cabinets, center island, cooktop, warming drawer, double oven, dishwasher, tons of counter space and breakfast area. 2 living areas on the main level - The Grand Room has a 20+ ft. soaring ceiling and fireplace. The Owner's retreat has a fireplace, copula ceiling, sitting area and adjacent master bathroom has a jetted tub, shower with seat, water closet, dual vanities and large walk in closet. On the 2nd level you will find three spacious bedrooms which are serviced by 2 full bathrooms. The terrace level is completely finished with a recreation room, family room, wet bar, home gym, 2nd master suite, 2 full bathrooms, and additional living space which could be a 6th bedroom. Interior features include several built in "furniture" styled bookcases, high soaring ceilings, dual staircase, custom window treatments, 4 HVAC systems, cedar closet and much more. Membership to Eagle's Landing Country is available.
Source: GAMLS #10374838
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10374838
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: #10374838
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.