1510 Gettysburg Pl, Atlanta, GA 30350
2 beds · 1 baths · 1,100 sqft
Welcome to 1510 Gettysburg Place! Located in the highly sought-after community of Dunwoody Hills! Enjoy an easygoing and maintenance-free lifestyle. Convenient access to GA-400, shopping, and dining! Popular attractions such as Historic Downtown Roswell, Chattahoochee River National Recreation Area, and Vickery Creek Park are all just a short drive away! Making this a perfect location to enjoy all Sandy Springs and the surrounding areas have to offer! This lovely top-level corner unit offers the perfect blend of comfort and functionality. Freshly painted, new carpets and appliances! Featuring brand new Samsung gas range with WiFi connectivity for remote operation, Samsung microwave and dishwasher! This unit features two spacious bedrooms and one well-appointed bath. Bask in natural light year-round in the cozy sunroom. Ideal for morning coffee, evening relaxation, or home office! Step outside to your private back deck where you can unwind and enjoy the serene surroundings in this tree-lined community. Take advantage of the community pool, grill, and picnic area! Perfect for relaxing summer days or gatherings with friends and family. Do not miss this opportunity to own a piece of paradise in Dunwoody Hills. Seller has an assumable FHA loan! Feel free to reach out for more details. Schedule a viewing today!
Source: FMLS #7540358
Financials
Source: Public records
Source: FMLS #7540358
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.
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.