1153 Old Rockmart Rd SE, Silver Creek, GA 30173
4 beds · 2 baths · 2,085 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Come see this beautiful home in great condition just 10 minutes from the heart of Rome! This perfectly-located 4 bedroom, 2 bathroom home has everything you could ask for, including an in-ground pool! This upgraded split-plan will impress you with its Luxury Vinyl Plank flooring, granite countertops, and tile showers throughout. When you walk into the kitchen, you'll notice how bright the space is with the white cabinets, granite countertops, and a window that overlooks the backyard. Upstairs, you'll find the master, as well as two other bedrooms with the two full bathrooms. Downstairs, there is an additional bedroom as well as a large family room/den/bonus room with separate side-door entry. Moving to the backyard, not only does it boast an in-ground pool, but it also is completely fenced in and very spacious. Come check out this amazing find! This move-in ready house really is a must-see!
Source: FMLS #7509097
Source: FMLS #7509097
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.