VA loan
1 of 50
VA loan
$599,900

128 GREENVIEW DR, Newnan, GA 30265

5 beds · 4 baths · 4,562 sqft

MOTIVATED SELLER!!!!SELLER OFFERING A $5,000 BUYER CREDIT !!!!!Experience the epitome of luxurious living in this remarkable golf course home! Boasting an open concept design and a main-level owner's suite, this residence exhibits a wealth of enhancements and distinctive features. This home has space, space, and more space The outdoor haven is a mesmerizing retreat, featuring a game day porch that steals the spotlight. The first level welcomes you with a wood-burning fireplace and a hot tub on the lower level, both set against the backdrop of the 16th tee box on the golf course. This creates an ideal setting for relaxation and entertaining. The fully equipped kitchen, adorned with granite countertops and stainless steel appliances, is a chef's delight. Adjacent to the kitchen is a private office space, providing a sanctuary for undisturbed productivity. The living room is an inviting space, complete with a gas log fireplace and custom shelving. The primary suite's spa-like oasis awaits on the main level, featuring a soaking tub and a separate walk-in shower. Ascend to the second level, where additional living space includes a study or media area and three spacious bedrooms, offering a well-rounded haven for the entire family. The finished versatile basement level opens up possibilities for a fifth bedroom, a spacious media/rec area, full bath and a practical workshop/storage space. The irrigation system takes the hassle out of yard maintenance, allowing more time for porch games and golf enjoyment. Strategically positioned for convenience, this home provides easy access to shopping, restaurants, and community amenities. Commuting to various locations, including Atlanta Airport, Downtown Atlanta, and the Cancer Center, is a breeze. Take advantage of the nearby community amenities, such as a swimming pool, pickleball and tennis courts, and playground. This residence transcends the definition of a home; it's a lifestyle. Seize the opportunity to make it yours and embark on a new chapter of refined living. Welcome to a truly remarkable golf course home that exceeds expectations! MAKE US AN OFFER

Interest rate 3
3.75%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,864
With Roam
$2,447
Reduce your monthly payments by $582 when you assume this mortgage.
You also save $174,191 in total interest paid.

$237,912
Edit

You may be able to put down less than the total down payment amount of $237,912 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.

Location

Details

Home
Size
4,562 sqft
Price per sq ft
$137
Lot size
0 acres
Year built
2006
Type
Single Family Residence
Loan
Remaining term
24 years, 11 months
Rate
3.750%
Monthly P&I
$1,864
Remaining loan balance
$361,987

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.

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Last updated: Sep 18, 2024 08:34 am
Listing agent: Tami Willard (770) 235-6476
Listing provided courtesy of: Keller Williams Realty Atl. Partners (770) 632-1112
Details provided by GAMLS and may not match the public record.
MLS ID: #10327498
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,864/mo
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