106 Elliott Way, Saint Marys, GA 31558
3 beds · 2 baths · 1,378 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 106 Elliott Way, a charming Single Family home located in the heart of St. Marys, GA. This lovely property was built in 1993 and boasts a cozy atmosphere perfect for families or individuals looking for a peaceful retreat. With 2 bathrooms and a total of 1,378 sq.ft. of finished living space, this home offers ample room for comfortable living. As you step inside, you'll be greeted by a spacious living area that is perfect for relaxing or entertaining guests. The kitchen features modern appliances and plenty of cabinet space, making meal preparation a breeze. The dining area is conveniently located adjacent to the kitchen, creating an open and inviting layout. The master bedroom is a serene sanctuary with a private en-suite bathroom, providing a peaceful escape at the end of the day. The additional bedrooms are versatile and can be used as a guest room, home office, or whatever fits your needs. The second bathroom is conveniently located for guests and residents alike. Outside, the property offers a generous lot size that provides endless possibilities for outdoor activities and landscaping. The fenced yard creates a private oasis allowing you to enjoy gardening, hosting BBQs, or simply relaxing in the fresh air, this backyard is sure to impress. The mature trees provide shade and charm, creating a tranquil oasis in your own backyard. This home has been meticulously maintained and features brand new siding, fresh painting inside and outside, stainless steel appliances that are less than 1-year old, and a new garage door opener. The roof and fence have been replaced in the last 4 years. Located in a desirable neighborhood, 106 Elliott Way is just a short distance from local schools, parks, and shopping centers. St. Marys is known for its small-town charm and friendly community, making it an ideal place to call home. With easy access to major highways and amenities, this property offers the perfect balance of convenience and serenity. Don't miss your chance to make this wonderful property your own. Schedule a showing today and experience the beauty and comfort of 106 Elliott Way in person. Welcome home!
Source: GAMLS #10470416
All values shown are estimated costs / mo.
Source: Public records
Source: GAMLS #10470416
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 and Equal Opportunity Act.