121 Amelia Way, Ellenwood, GA 30294
5 beds · 3 baths · 2,693 sqft sqft
Welcome to 121 Amelia Way, Ellenwood, GA 30294, where luxury and technology converge in this stunning 4-sided brick SMART HOME. This expansive residence boasts 5 bedrooms, including an oversized primary suite, 3 full bathrooms, ensuring space and comfort for the entire family. Step inside to discover a modern oasis where convenience meets sophistication. The home is equipped with an optimal sound system throughout, perfect for entertaining guests or enjoying your favorite music in every room. Advanced top-tier lighting and security cameras which provide peace of mind and added security. The kitchen features sleek countertops, stainless steel appliances, and ample cabinet space, making it a chef's dream. Adjacent is a quant dining area, ideal for hosting intimate dinners and gatherings. The generous primary suite is a retreat unto itself, featuring a spa-like ensuite bathroom with dual vanities, a soaking tub, and a separate shower. Four additional bedrooms offer flexibility for a home office, gym, or guest accommodations. Outside, enjoy the triangular lot which offers space on all four sides, perfect for outdoor activities and relaxation. The attached garage provides convenience and additional storage space. Located in the desirable Ellenwood area, this home offers easy access to schools, shopping, dining, and major highways for commuting, just minutes from the busiest airport in the world. Don't miss the opportunity to own this exceptional SMART HOME where luxury, technology, and comfort converge. Schedule your showing soon!!!
Source: FMLS #7426465
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7426465
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: #7426465
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.