110 Summer Wind Pl, Brooklet, GA 30415
3 beds · 2 baths · 1,404 sqft
Charming home in SEB SCHOOL DISTRICT. Located in Summer Winds, this 3 bedroom, 2 bathroom home offers 1,404 square feet of living space. Enter through the front door to a cozy and spacious living room with a wood burning fireplace. To the left and open to the living room is the dining area, also attached to the kitchen. The kitchen features ample cabinet space as well as a small desk area built into the cabinetry. All kitchen appliances staying with the house! Down the hall is a small flex space, currently used for play, with potential for an office nook or reading space. The first two bedrooms are right across the hall from a full bath each with spacious closets. The master suite is at the end of the hall and offers tray ceilings, giving it a cozy feel. The en-suite bathroom has a double vanity, and an updated tile shower. Exit the French doors to the giant backyard! This lot is a total of 1.84 acres. The backyard is fenced and offers a small concrete patio, a separate fenced run for pets, and an above ground pool. The attached two car garage is large enough to park your vehicles, or to use for storage or workspace--also houses the laundry room. The property line extends well beyond fenced area, with a seasonal pond in the rear of the property.
Source: GAMLS #10338025
Source: GAMLS #10338025
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: #10338025