1553 Brunswick St, Lithia Springs, GA 30122
5 beds · 4 baths · 3,286 sqft sqft
This stunning 5-bedroom, 4-bath home, built in 2020, is situated on a spacious corner lot and offers modern elegance and timeless charm. From the moment you step onto the charming covered porch, you'll feel right at home. Inside, the open floor plan is perfect for both everyday living and entertaining. The home features a formal living room, dining room with coffered ceilings and wainscoting. The stunning kitchen features a large island with quartz countertops, walk-in pantry, stainless steel appliances and under-cabinet lighting. The open kitchen seamlessly flows into the family room, creating a warm, well lit and inviting space for gatherings. Guest bedroom is conveniently located on the main floor. Upstairs, the large master suite includes a cozy sitting room with a fireplace perfect for relaxation, and a luxurious master bathroom with double vanity. Three additional bedrooms on the upper level offer plenty of space, with a Jack and Jill bath and another full bath ensuring convenience for all. The second-floor laundry room adds even more practicality to the home's design. TV mounts are pre-installed in three of the bedrooms, adding extra convenience. Throughout the home, you'll find elegant trim details, and coffered/tray ceilings that enhance the overall sophistication.With neutral colors throughout the home creates a calm and inviting atmosphere. The plantation shutters add a classic touch to every window. The unfinished basement provides endless potential for customization. The exterior is beautifully illuminated with landscaping lighting that enhances the home's curb appeal. Irrigation system installed in the front and side yard. Seller will provide a one year home warranty and $5,000 to the buyer at closing! Preferred Lender Guild Mortgage (Jennifer Chadwick) will provide $4,000 incentive to approved buyer. It's move-in ready and filled with upscale details!This community offers walking trails and a dog park for your pooch to play.
Source: GAMLS #10394712
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10394712
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.
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.
MLS ID: #10394712
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.