138 The Blvd, Newnan, GA 30263
4 beds · 2 baths · 2,189 sqft
DRB Homes welcomes you to Lot 138 in Chapel Hill, located in the sought-after Newnan, GA, known as "The City of Homes." No detail is left behind in this beautiful single-family home featuring an exquisite brick and Craftsman exterior. This spacious Zoey floor plan offers 4 bedrooms and 3 full bathrooms with an open-concept family room and kitchen layout. The stunning kitchen boasts an expansive island with quartz countertops, a tile backsplash, soft-close cabinets, a spacious pantry, and stainless steel appliances, including an oven/cooktop, dishwasher, and microwave. A guest room and full bathroom are conveniently located on the main floor. Upstairs, the gorgeous owner's suite features an elegant sitting room, a vaulted ceiling, and a luxurious owner's bathroom with a shower and separate soaking tub. The centrally located laundry room serves the upstairs bedrooms for added convenience. This home includes gutters on all sides, blinds on every window, a garage door opener, quartz countertops in the kitchen and all baths, a garbage disposal, and soaring 9-foot ceilings on the main level. Interior photos and virtual tours are of a decorated model or spec home. Come see the DRB difference and tour our beautiful model home today! Please note: If the buyer is represented by a broker/agent, DRB REQUIRES the buyer’s broker/agent to be present during the initial meeting with DRB’s sales personnel to ensure proper representation. If buyer’s broker/agent is not present at initial meeting DRB Group Georgia reserves the right to reduce or remove broker/agent compensation.
Source: FMLS #7518393
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: FMLS #7518393
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.