122 BLUE DUNN CIR, Perry, GA 31069
USDA Eligible!!! $0 down payment. It is nestled in the peaceful cul-de-sac of the Greystone subdivision in the sought-after city of Perry, GA. A home that would be a fantastic place to raise a family or a quiet place for empty nesters. Features: Beautiful tall doors throughout. Large Kitchen Island. Granite countertops, Large walk-in pantry. Adorable Mudroom. Smart Refrigerator included. LVP Floors. Cover front porch and back patio. Large Laundry Room and Linen Closet with custom shelves, Bonus Room/4th bedroom upstairs with closet and full bath. Walk-in attic with floors for storage and two water heaters. Each floor has a separate HVAC unit. The Master bath features a large walk-in tile shower, garden tub, and double granite vanity. Did I mention the Cul-de-sac? Easy to show. Please schedule at least an hour in advance. The furniture is also for sale. Located in the peaceful cul-de-sac of the Greystone subdivision in Perry, GA, this home is perfect for raising a family or enjoying a quiet lifestyle. The house features beautiful tall doors, a large kitchen island, granite countertops, a spacious walk-in pantry, an adorable mudroom, and a smart refrigerator. It also has LVP floors, a covered front porch, and back patio. Additionally, it includes a large laundry room and linen closet with custom shelves, a bonus room/4th bedroom upstairs with a closet and full bath, and a walk-in attic with floors for storage and two water heaters. Each floor has a separate HVAC unit. The master bath boasts a large walk-in tile shower, garden tub, and double granite vanity. The property is situated in a cul-de-sac and is easy to show with at least an hour's notice for scheduling. The furniture is also available for purchase.
You may be able to put down less than the total down payment amount of $91,758 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #10323510