1098 Jefferson Ave, Atlanta, GA 30344
2 beds · 1 baths · 940 sqft
Your perfect blend of comfort and character awaits in this delightful 2-bedroom, 1-bath bungalow in East Point's Jefferson Park neighborhood! With an unbeatable location just 5 minutes from Hartsfield-Jackson Airport and a quick commute to Downtown Atlanta, this home offers convenience with a side of charm. From the moment you step inside, you'll be captivated by the pristine hardwood floors, adding an inviting warmth and timeless elegance to every room. Sunlight pours into the open layout, creating a bright and welcoming space. The stylish details shine, from the eye-catching bronze finishes to the cozy fireplace that anchors the living area. The kitchen is a dream with its farmhouse-style sink and brand-new stainless steel appliances in sleek, custom hues-perfect for whipping up meals and memories. This bungalow's compact design makes it easy to maintain while offering plenty of room for your vision. Whether you're planning a cozy retreat, your first home, or an investment property, this gem delivers versatility and charm in equal measure. Outside, you'll find a private fenced backyard for weekend gatherings and a charming front porch for sipping coffee and greeting neighbors. It's the ideal spot to relax, entertain, or let your creativity flourish. Don't wait-this cozy yet feature-packed home won't stay on the market for long! Schedule your tour today and discover why this East Point treasure is the one you've been waiting for.
Source: GAMLS #10424790
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10424790
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: #10424790
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.