1123 Diamond Xing, Mcdonough, GA 30252
5 beds · 4 baths · 4,234 sqft
Additional photos coming soon. Welcome to this stunning 5-bedroom, 4-bathroom home nestled in the coveted Bridleridge subdivision of McDonough, GA. Situated on a generous corner lot, this residence boasts a spacious backyard, perfect for outdoor entertaining and relaxation. Step inside to discover luxury vinyl plank flooring throughout the main level, setting the stage for modern elegance and easy maintenance. The grand 2-story foyer leads to a formal dining room and flex space, offering versatility to suit your lifestyle needs. Enter the expansive family room, complete with a cozy fireplace, creating a warm and inviting atmosphere for gatherings. The adjacent eat-in kitchen is a chef's dream, featuring a huge kitchen island with bar-style seating, stained cabinets, ample cabinet space, and stainless steel appliances, making meal preparation a delight. Conveniently located on the main level is a bedroom with a full bathroom, offering flexibility for guests or multi-generational living arrangements. Upstairs, discover four additional bedrooms, including the massive primary bedroom with a sitting area, providing a serene retreat after a long day. The luxurious ensuite bathroom boasts a separate shower, soaking tub, and dual vanities, offering a spa-like experience at home. The upper level also hosts a laundry room for added convenience and a generously sized loft area, perfect for relaxation or entertainment. Outside, residents can enjoy the amenities of the community, including a swimming pool and tennis courts, fostering an active and social lifestyle. With close proximity to the McDonough Square, schools, and minutes from the interstate, this home offers both convenience and charm. Don't miss the opportunity to make this exceptional property your forever home! Schedule your showing today and experience the epitome of modern living in McDonough, GA.
Source: FMLS #7365940
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7365940
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.