1540 Brookmere Way, Cumming, GA 30040
4 beds · 2 baths · 2,488 sqft sqft
Welcome to this fabulous END UNIT townhome in the highly desired neighborhood of Brookstone! This stunning 4-bedroom, 2.5-bath residence is the largest floorplan in the community and perfectly blends modern living with comfort. Step inside to an inviting open-concept layout that seamlessly connects the beautiful kitchen featuring gorgeous granite countertops and sleek stainless steel appliances to the family room, ideal for entertaining. The main level boasts updated luxury vinyl plank (LVP) flooring for durability and easy maintenance. Upstairs, you'll find generously sized bedrooms filled with natural light, including a large primary suite complete with dual sinks and a spacious walk-in closet. You will love spending time outdoors with the level, fully fenced-in backyard, perfect for everyday living and entertaining.. And don't miss the additional spacious side yard to be used for whatever you desire. Inside the 2 car garage take note of the huge bike rack mounted to the ceiling which provides tons of additional storage. Located in a vibrant swim and tennis community in a fantastic location with easy access to GA 400, restaurants, shopping and award-winning Forsyth County Schools! This is a 1 owner home that has been impeccably maintained. Come see and make this beautiful townhome your own and experience the perfect blend of comfort, style, and location.
Source: GAMLS #10388395
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10388395
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: #10388395