1249 Austin Thomas Dr, Dacula, GA 30019
5 beds · 3 baths · 3,292 sqft
Discover the charm of this exquisite traditional home, nestled in a close-knit community of just 30 residences, ideally situated near Dacula Park. This elegant property combines classic design with modern amenities, offering both comfort and style in a serene setting. As you enter the foyer, you'll be greeted by a formal dining room with coffered ceilings that exude sophistication. The separate living room features a beautiful accent wall, adding character and warmth to the space. The open floor plan seamlessly connects the family room and kitchen, allowing for effortless living and entertaining. Natural light floods the area, highlighting the stunning hardwood floors throughout. The chef's kitchen is a standout feature, boasting granite countertops, a large granite island with seating for four, coffered ceilings, and ample cabinetry for all your culinary needs. The family room is equally impressive, with built-in bookshelves and floor-to-ceiling windows that enhance the room's airy, light-filled ambiance. This home offers five generously sized bedrooms and three beautifully designed bathrooms, ensuring ample space for relaxation and privacy. The peaceful, friendly community provides a welcoming atmosphere, while the home's location offers easy access to shopping and highways, making commuting a breeze. Nearby Dacula Park presents picturesque settings for outdoor activities and relaxation, adding to the appeal of this wonderful property. This home perfectly marries elegant design with everyday practicality-schedule a viewing today to experience its warmth and charm firsthand.
Source: GAMLS #10376127
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10376127
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: #10376127
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.