130 Julee Emilyn Dr, Bonaire, GA 31005
5 beds · 3 baths · 3,280 sqft
You owe it to yourself to experience this stunning property that blends the charm of a country home with the conveniences of city living. Nestled on over 2 wooded acres offering plenty of privacy, this home delivers the perfect balance of seclusion and accessibility. With more than 3,000 square feet of living space, this uniquely constructed home boasts five spacious bedrooms and 3+ bathrooms, ensuring there's room for everyone in the family. The newer roof and vinyl siding make for low-maintenance living, giving you peace of mind for years to come. The current owners have raised five boys in this home, and it's clear they've taken great care to keep it in topnotch condition. Freshly painted interiors and a move-in ready layout make this home a seamless transition for any buyer. The updated kitchen, featuring granite countertops, a built-in island, stainless steel appliances, and a convenient office space or study nook, is sure to be a favorite gathering spot for all. The expansive primary bedroom offers plenty of space for a king-size bed and includes a cozy bay window, perfect for creating a reading nook. The adjoining primary bath is equally spacious, featuring a dual-sink vanity, a luxurious jacuzzi tub, a stand-up shower, and a private entrance to the sunroom and back deck. Four of the five bedrooms boast walk-in closets, ensuring there's ample storage throughout the home. Whether you're relaxing in the sunroom with a cup of coffee, unwinding on the deck at sunset, or hosting family games in the large backyard, there's something for everyone here. The outdoor entertainment space, complete with a private deck, has been the backdrop for countless cookouts and gatherings. A shed in the backyard provides additional storage for tools, lawn equipment, and DIY projects. Convenience continues with an oversized two-car garage, offering plenty of space for vehicles and storage. Don't miss the chance to make this beautiful home yours. Schedule your tour today and see all that it has to offer!
Source: GAMLS #10397895
Source: GAMLS #10397895
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.