143 TEMPLETON LN, Villa Rica, GA 30180
Welcome to The Georgian Community! This vibrant neighborhood offers a wealth of amenities, including a beautiful golf course, water park, swimming pools, tennis courts, walking trails, and more. It's an ideal place for those seeking an active and engaging lifestyle. Don't miss the chance to own this exceptional residence in The Georgian Community. This exquisite 2,435 square foot home features 4 bedrooms, 2 1/2 bathrooms, and a master suite on the main level. The open floor plan seamlessly combines functionality and style. The gourmet kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, ample cabinet space, and a walk-in pantry. The main level also features a formal dining room, half bath, and the laundry room off of the kitchen. Upstairs you'll find three generously sized bedrooms that provide private sanctuaries for rest and rejuvenation, and one full bathroom. The master suite on the main level is a true retreat, featuring a luxurious en-suite bathroom with a soaking tub, separate shower, dual sinks, and walk-in closet. The fenced-in backyard, screened-in back porch, and both covered and uncovered patios on the front and back offer ideal spaces for relaxation and entertainment. One of the standout features of this property is the unfinished stubbed basement. With an additional 1,467 square feet, this space presents endless possibilities. Transform it into the entertainment space of your dreams or even an additional living area. Experience the perfect blend of elegance, comfort, and community in this stunning home in The Georgian Community. Schedule your private showing today!
You may be able to put down less than the total down payment amount of $56,750 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #7455735
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.