115 Waverly Dr, Alpharetta, GA 30004
3 beds · 4 baths · 3,698 sqft
Luxurious ranch home in the highly sought-after gated community of Larkspur. The home boasts more than 3,600 square feet and sits on a private half acre lot. As you step inside, you’re immediately struck by grand 10 foot ceilings and high-end finishes. The open layout includes a chef’s kitchen with beautiful countertops, an oversized island and a herringbone tile backsplash, flowing into a spacious living room with a cozy gas fireplace. The luxurious primary suite on the main floor is flooded with natural light and features a spacious en-suite bathroom with dual vanities and two walk-in closets. This main floor also offers an additional large bedroom suite, a large dining room and a versatile flex room at the front of the home, ready for your home office, library or craft room. Upstairs, you'll find a recently completed bonus living area with a full bath and large walk-in closet – which could be used as a second primary suite or additional living space for hosting. This home isn’t just big on indoor space, the spacious enclosed sunroom on the main floor is perfect for relaxing and enjoying the outdoors year-round. As you step out the doors to your fully fenced, private backyard, you can feel the potential for both fun and relaxation in this home. Home is equipped with vacuum system in the kitchen baseboards, mosquito treatment system in the back and full home ethernet wiring. Living in Larkspur is an amazing lifestyle with ample social activities and opportunities to get involved with pickleball, the pool, fitness center and more. As a member of the Larkspur community, your membership includes lawn maintenance, trash service, a pool, pickleball courts, a clubhouse, and a community garden. Located in the heart of Alpharetta with lower Cherokee County taxes, this prime location offers convenient access to GA-400, Halcyon, the Collection at Forsyth, shopping, dining, and the scenic greenway. Come and experience the Larkspur lifestyle, where every day feels like home!
Source: FMLS #7475320
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7475320
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: #7475320
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.