107 Waters Edge Ct, Kathleen, GA 31047
4 beds · 3 baths · 3,195 sqft
Welcome home! Located in Bear Branch Estates, this stunning 4 bedroom, 3 bathroom brick home is the perfect blend of elegance and functionality. Step inside to discover a spacious open floor plan that seamlessly connects the living, dining, and kitchen areas. The bright and airy living room features large windows that flood the space with natural light, creating a warm and welcoming atmosphere. The modern kitchen, equipped with stainless steel appliances, a gas cooktop as well as a wall convection oven and built in microwave, sleek countertops, and ample cabinet space. It's perfect for family meals and entertaining guests. The luxurious primary suite, offering a peaceful haven with plenty of space, two walk-in closets, and an en-suite bathroom featuring a relaxing soaking tub and separate shower. Located in a highly sought-after area, this home is just minutes away from top-rated schools, Robins AFB, shopping centers, and dining options. Don't miss the chance to make this exceptional property your new home. Schedule a showing today and experience the perfect combination of style, comfort, and convenience.
Source: GAMLS #10431668
Financials
Source: GAMLS #10431668
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.