1195 Milton Ter SE, Atlanta, GA 30315
1 beds · 2 baths · 1,064 sqft
Show me a better view of AtlantaCOs skyline... I'll wait. Now that I've called your bluff, what are YOU waiting for? This is your chance to snag the perfect condo at Hill Street Lofts, just outside of Grant Park in hot historic Chosewood Park. This rare floor plan has everything: a spacious primary bedroom with an en suite bathroom, a second full bathroom for guests, and a bonus room that's perfect for an office, studio, home gym-or even an extra bedroom. It's also the largest floor plan available in the community right now. High ceilings? Check. Sun-soaked, open-concept living? Double check. And the amenities? Next level. We're talking a sparkling pool, a dog park fit for royalty, a fully-equipped fitness center, and the convenience of assigned parking (because who wants to deal with street parking?). And the location? You couldn't ask for more. You'll be minutes from the BeltLine, The Beacon, Grant Park Farmers Market, Summerhill's buzzing business district, Zoo Atlanta, Mercedes-Benz Stadium, State Farm Arena, and hotspots like Inman Park and Ponce City Market. Whether it's coffee in Peoplestown or a night out Downtown, everything you need is at your fingertips. She's move-in ready! Skip the hassle and step right into your new home in a secure, gated community that offers the best of intown living. Don't let this one slip away--your perfect slice of Atlanta is calling!
Source: GAMLS #10400051
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10400051
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: #10400051
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.