1105 Wallington Ct NW, Conyers, GA 30012
6 beds · 4 baths · 5,204 sqft
Looking for quiet, stately charm? You've found it! From the moment you drive through the brick columns you'll see this is an amazing place to call home. The bright and open Kitchen is a chef's dream with amazing counter space, an island, and new granite countertops, and the attached breakfast area looks right out over the pool. The oversized living room will fit several seating groups and flows right out onto the deck making it the perfect place to host holiday parties. The master bedroom is right on the main level and is generously sized with great closet and ensuite space. The Upstairs space Just Keeps on Going! 2 enormous secondary bedrooms each have a private bathroom. PLUS 2 additional bedrooms. THEN the bonus rec room with kitchenette may be your favorite place to hang out. Don't miss the Daylight Apartment in the basement! With a private entrance only accessible from the outside, there is plenty of separation for independent living of a returning child or aging parent. With no HOA, you may even choose to rent this space that includes a kitchen, living room, bed and bath, plus included washer and dryer. Outside, the Amazing Pebble Tech pool will be the centerpoint of Summer fun and perfect for stargazing in the hot tub year round! Enjoy all the peace and quiet of your 5 acres around the firepit, walking the nature trails, or simply sipping something cold by the pool. Perfectly prepared for you with new carpet, fresh paint inside, and fully repainted exterior. The deck has just been rebuilt as well.
Source: GAMLS #10397771
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10397771
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: #10397771
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.