1151 Hunting Creek Ln, Watkinsville, GA 30677
4 beds · 3 baths · 3,400 sqft
Charming Brick Ranch with In-Law Suite in Hickory Hills Subdivision Welcome to 1151 Hunting Creek Lane, a stunning brick ranch nestled in the desirable Hickory Hills subdivision of Oconee County. This beautiful home boasts a full finished basement featuring an in-law suite with a second laundry room and private exterior access ideal for multi-generational living or providing guests with privacy and comfort. On the main floor, youll find a spacious layout, including a formal living room and a cozy family room with a fireplace, perfect for relaxing or entertaining. The eat-in kitchen is perfect for casual dining, and a large utility room offers added convenience for laundry and storage needs. Set on a 2.20-acre cul-de-sac lot, this property offers ample open space, providing both privacy and a serene, peaceful atmosphere. The detached garage adds even more storage and parking options. Dont miss out on this exceptional home offering versatility and plenty of room to grow. Schedule a showing today and make 1151 Hunting Creek Lane your next home! All interior and exterior photos will be posted in 24 hours.
Source: GAMLS #10475419
Financials
Source: GAMLS #10475419
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.