120 Boat Dock Dr SW, Atlanta, GA 30331
4 beds · 3 baths · 3,000 sqft sqft
This beautiful home encompasses 4 extremely spacious bedrooms, all with massive closet space, and 3 bathrooms. The inviting foyer opens up to a vibrant sitting area with amazingly natural sunlight. Downstairs, you will find a welcoming open concept kitchen and living room layout with custom light fixtures. The eat-in kitchen provides direct access to your private backyard patio. The mudroom, coupled with ample storage, is also downstairs and leads you to the home's two-car garage.Upstairs will unlock 4 spacious bedrooms, all with ample and walk-in closet space. The master bedroom is a sanctuary. It boasts a separate sitting room and two picturesque windows. Double-doors lead you to its spa bathroom, equipped with double sinks, a soaking bathtub, separate shower, and a private toilet room. The closet is huge and, considering its large window and natural light, could double as an office! The community is exceptionally safe and quiet. Not only does it include sidewalks and street lamps, but also a dog park, pool, tennis court, pavilion, clubhouse, gym, playground, and amazing people! It is situated less than a mile from Starbucks, Chipotle, Publix, CVS, UPS, Arden's Garden, and more! Not only that, but it is located in the established Westlake HS school district. Come make this incredibly well-maintained house your home! *Termite Bond and 1-Yr Home Warranty. *100% Financing Available if you use the preferred lender! Aldwin Parks at First Option Mortgage.
Source: GAMLS #10311762
Source: GAMLS #10311762
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10311762