114 Bent Ridge Dr S, Dawsonville, GA 30534
4 beds · 2 baths · 2,777 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming Brick Home in the heart of Dawsonville, GA This beautifully maintained 4-bedroom, 2-bath home offers a welcoming open floor plan perfect for modern living. The spacious living areas provide plenty of room for both relaxation and entertaining. The kitchen seamlessly flows into the living area and open dining room, creating an inviting space for family gatherings. Primary bedroom and laundry on main level. Separate office or formal living on main level. Entire HVAC system replaced in 2023. Roof only 8yrs old. 3 car garage Enjoy outdoor living in the fenced-in backyard, offering privacy and ample space for kids, pets, or outdoor activities. The full, unfinished basement provides endless possibilities for additional storage or potential future living space. Conveniently located close to local schools, shopping, and dining options, this home offers both comfort and convenience. This property has it all! Don’t miss your chance to make this charming house your new home. Schedule a tour today!
Source: FMLS #7560212
Source: FMLS #7560212
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 and Equal Opportunity Act.