12 Little Creek Manor Dr, Dallas, GA 30157
3 beds · 2 baths · 1,926 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful one and a half story home nestled on 1.8 acres in quiet newer South Paulding neighborhood. The spacious secondary bedrooms will allow your children to grow from nursery to college without feeling cramped. Everyone will fall in love with the hall bath. The walk-in shower with the rain showerhead and handheld nozzle and the custom shelving give it a spa feeling. The primary bedroom will accommodate your king bed while still allowing for an intimate sitting area. The ensuite has a private water closet, double vanities, and a glass enclosed shower. The garden style tub is perfect for relaxing evenings or a place for mom to re-energize. The living room has a cathedral ceiling and an electric stone fireplace with wiring built-in to hang your big screen tv. Twinkle lights can add that extra touch of magic on the banister that leads to the bonus room upstairs which can be used as an extra bedroom, media room, or office. There is a more formal dining area just off the living room that leads to a kitchen with upgraded fingerprint resistant stainless steel appliances and granite counters, along with an eat in area heading out to the level backyard which is perfect to build your dream swimming pool. There is a power supply with 150 amps available for hooking up a pool, hot tub, or RV. Enjoy sitting on the extended patio, especially when rain falls on the metal roof that runs the length of the house. The rock path leads to a fire pit which is perfect for making S'mores on Spring or Fall evenings. Your dogs will have plenty of room to release their energy in the fenced-in back yard. Go through the back gate and enjoy a nature walk in the remaining acreage. The drywalled two car garage also has four walls of custom shelving perfect for camping and decoration storage.
Source: FMLS #7559810
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7559810
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.