133 Mosby Woods Dr, Newnan, GA 30265
3 beds · 3 baths · 3,525 sqft
Welcome to this move-in ready three-bedroom, three-bathroom ranch home featuring a stunning finished basement. The property has been freshly painted throughout, offering a clean canvas for your personal style. Upon entering, you'll be greeted by an elegant foyer and dining room with impressive high ceilings and a window wall that opens to the spacious living room complete with a cozy fireplace. Bright sunroom provides direct access to the outdoor deck-perfect for entertaining or peaceful relaxation. The updated kitchen showcases beautiful white cabinets, granite countertops, and stainless steel appliances, complemented by a convenient breakfast area and pantry. A practical laundry room with ample storage adds functionality to daily living. In the garage, you'll find access to an unfinished attic space with potential for future expansion. The primary bedroom features a sophisticated tray ceiling and an ensuite bathroom with double vanity, elegant marble walk-in shower with sitting area and rainfall shower-head, plus a large walk-in closet. The finished basement is truly exceptional with a kitchenette and bar area, comfortable sitting room, additional bedroom featuring a walk-in closet, and a full bathroom. This versatile space is ideal for an in-law suite or multigenerational living arrangements. Located in the desirable Northgate District, the property offers easy access to local amenities and the community lake. The generous lot size provides plenty of outdoor space with a firepit area and shed for all your storage needs! Don't miss this exceptional home offering both comfort and convenience. Schedule your tour today!
Source: GAMLS #10489558
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: GAMLS #10489558
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.