1084 To Lani Dr, Stone Mountain, GA 30083
3 beds · 2 baths · 2,161 sqft sqft
Move in ready! Meticulously maintained and only 1.4 miles from world's first and newly built environmental green film and television studio, Electric Owl Studios. This gorgeous two-story brick siding home has so much to offer in quiet neighborhood with NO HOA. Freshly painted bedrooms and bathrooms, new roof, new water tank, home water filtration system, and dual HVAC units for zoned temperature control. Step through the front door into spacious two story foyer. To the left is a perfect room for an office or fourth bedroom! Continue through the house to the family room with brick fireplace and plenty of natural light. Spacious kitchen with pass-thru to family room perfect additional entertaining and ample counter/bar stool seating. For convenience, half bath is located in the kitchen. Beyond the kitchen is the dining room suitable for all your family dinners and holiday celebrations. Beautiful staircase takes you to three bedrooms upstairs. Step down into the spacious master's suite with trey ceilings. The master bath has dual marble sink vanities, separate shower, garden tub, linen closet and two walk-in-closets. The other two bedrooms are spacious as well with hall bathroom to share. This home has a side entry double car garage, located on a large (1/3 acre) lot and the back yard is GREAT for entertaining! Plenty of space between friendly neighbors. Ready for a quick closing... you can be in the home before the holidays! NO HOA. Conveniently located close to public transit, I20, I285, Hwy 78.
Source: GAMLS #10395248
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10395248
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10395248
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.