128 MANCHESTER LN, Byron, GA 31008
Welcome to this beautiful traditional-style brick home, built in 2006, located at 128 Manchester Lane, Byron, GA. This charming property offers 4 bedrooms and 2 baths across 1800 sqft of living space, perfect for families seeking comfort and convenience. Step into the open galley-style kitchen, featuring an eat-in area and a convenient pass-through window to the spacious living room. The large, fully renovated living room seamlessly flows into a versatile dining room/office area, providing ample space for family gatherings and work-from-home setups. The master suite is a true retreat, boasting a double vanity bathroom with a whirlpool tub, a separate stand-up shower, a private toilet room, and a walk-in closet. Two additional good-sized bedrooms are located on the main floor, along with another full bathroom featuring a tub/shower combo. The fourth bedroom, situated on the second floor, offers a cozy space with a closet and attic access. The home has been updated with a brand-new AC unit, updated flooring in the three downstairs bedrooms and the living room, and fresh paint throughout. The good-sized privacy-fenced backyard is perfect for outdoor activities and relaxation. An attached two-car garage provides ample parking and storage space. Located in a quiet, family-friendly neighborhood, this home is conveniently close to the Byron, Centerville, and Warner Robins areas, offering easy access to local amenities and attractions. Don't miss the opportunity to make this recently renovated home your own. Schedule a showing today and experience the perfect blend of comfort and style at 128 Manchester Lane!
You may be able to put down less than the total down payment amount of $132,820 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: #10351790