1351 Meridian St SE, Atlanta, GA 30317
4 beds · 3 baths · 2,200 sqft sqft
Welcome to an inviting gem nestled in the heart of Atlanta's charming Edgewood neighborhood. This stunning residence offers the perfect blend of modern luxury and classic Southern charm. As you approach the home, youCOre greeted by a beautifully landscaped front yard and a welcoming porch, perfect for relaxing with a morning coffee or enjoying the evening breeze. Step inside to discover a spacious, open-concept layout bathed in natural light, accentuated by gleaming hardwood floors. The heart of the home is the gourmet kitchen, which boasts top-of-the-line stainless steel appliances and quartz countertops. Whether you're a culinary enthusiast or simply enjoy hosting gatherings, this kitchen is sure to impress. The living area features large windows and plenty of room to unwind and relax. Doors from the kitchen lead to a private outdoor oasis with ample space for outdoor dining and entertainment, making it ideal for summer BBQs or serene evenings under the stars. The master is a true retreat, complete with a spacious study and a luxurious en-suite bathroom. Additional highlights include three generously sized bedrooms with ample closet space as well as two other bathrooms. Located in a vibrant and friendly community, this home is just minutes away from local parks, shops, and restaurants, offering the perfect blend of tranquility and convenience. With its exquisite design and prime location, 1351 Meridian Street is more than just a houseCoit's a place where you can truly feel at home.
Source: GAMLS #10367429
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10367429
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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: #10367429