110 Fanleaf Dr, Fairburn, GA 30213
4 beds · 3 baths · 3,242 sqft
Wow, check out this amazing 4-bedroom, 3-full-bath home! You'll find an inviting office with double glass doors, a cozy dining area, and a main floor bedroom with a full bath when you walk in. The open floor plan features a spacious living room with a fireplace and a gorgeous chef's kitchen with stainless steel appliances, a large island, and a butler's pantry. The kitchen provides access to an oversized covered patio area, perfect for outdoor enjoyment. Upstairs, you will find a versatile loft space that can be used as an exercise room or play area. There is a separate theater room that you will fall in love with! The main suite located upstairs is a true retreat! The ensuite features a glass shower, a soaking tub, double vanities, and a large walk-in closet with custom shelves. You'll also love the convenience of having a laundry room upstairs. Down the hall, there are two more bedrooms and another full bath. The roof is four months old, and an extended driveway has been added, with a sidewalk that connects to the backyard. This home is located in a fantastic community with two basketball courts, tennis courts, and a clubhouse. The neighborhood also features sidewalks and streetlights, perfect for evening strolls. With 3242 square feet of living space, this home is a real gem that won't last long! Give us a call to schedule your appointment and stay tuned for more pictures coming soon!
Source: FMLS #7467486
Source: FMLS #7467486
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: #7467486
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.