1308 Double Branches Ln, Dallas, GA 30132
5 beds · 4 baths · 2,813 sqft
Welcome to this exquisite 5-bedroom, 4-bathroom home, nestled in the highly sought-after, amenity-rich community of Seven Hills. From the moment you step inside, the elegant two-story foyer warmly invites you into an open and thoughtfully designed floor plan. The spacious dining room sets the tone for sophistication, while the versatile bonus room/office, complete with double doors, offers the perfect space for work or play. The fireside family room, adorned with beautiful hardwood floors, is bathed in natural light, creating an inviting atmosphere for relaxation and gatherings. The chef-inspired kitchen boasts gleaming granite countertops, top-of-the-line stainless steel appliances, and soft-close cabinetry, ensuring both style and function. Conveniently located on the main level, you'll find an additional bedroom with a full bath—ideal for guests or multi-generational living. Upstairs, you'll be delighted by the generously sized secondary bedrooms, including two rooms connected by a Jack and Jill bath, as well as another bedroom with a private full bath, perfect for hosting visitors. The luxurious master suite offers a serene retreat with a spacious sitting room, ideal for unwinding. The spa-like owner's bath features a beautifully tiled shower, creating a sense of tranquility. His and hers closets provide ample space and organization, completing this private oasis. The home is equipped with an instant hot water heater, ensuring comfort and convenience throughout. Step outside to discover the private, wooded backyard, where you can enjoy the serenity of nature. The oversized deck spans the entire back of the house and is complemented by stairs leading down to a sprawling walkout patio, perfect for entertaining family and friends. This home offers the perfect blend of luxury, comfort, and functionality, making it an exceptional choice for those seeking both elegance and practicality.
Source: FMLS #7547649
Financials
Source: FMLS #7547649
Source: Public records
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%. 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.
Other resourcesWhat 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.