133 Mosby Woods Dr, Newnan, GA 30265
3 beds · 3 baths · 3,525 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to a charming ranch-style home that offers comfortable living across three bedrooms and three full bathrooms. This well-maintained property showcases thoughtful design with a finished basement that adds significant living space. Step into an inviting foyer that flows into a dining room highlighted by an impressive window wall and elevated ceilings. The open-concept layout leads to a cozy living room featuring a welcoming fireplace. Natural light fills the sunroom, which provides easy access to an outdoor deck perfect for relaxation or entertaining. The kitchen stands out with modern amenities including stainless steel appliances, elegant granite countertops, a convenient pantry, and a breakfast bar for casual dining. A dedicated laundry area includes valuable storage space, while the attached garage offers access to an unfinished attic that holds potential for future expansion. The primary bedroom suite impresses with a tray ceiling and luxurious bathroom featuring a double vanity and a spa-like walk-in shower complete with both sitting area and rainfall showerhead. A generous walk-in closet provides ample storage space. The fully finished basement is a standout feature, equipped with a kitchenette and bar area, spacious sitting room, and an additional bedroom with walk-in closet and full bathroom. This versatile space works perfectly as an in-law suite or separate living area. Located near schools, shopping, and parks, this home combines practical living with modern comfort in a desirable neighborhood setting. schedule your tour today!
Source: GAMLS #10457927
Source: GAMLS #10457927
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 and Equal Opportunity Act.