1597 Clay Rd SW, Mableton, GA 30126
4 beds · 4 baths · 3,777 sqft
Just in time for the holiday season... THE SELLER IS OFFERING $5,000 TOWARD BUYER CLOSING COSTS AND A 1 YEAR HOME WARRANTY OF BUYER CHOICE WITH A CLOSING BEFORE NEW YEAR! You absolutely don't want to miss this charismatic home that offers all the freedom you've been dreaming of - no HOA restrictions so you can fully customize both the inside and outside -- easy access to schools, shopping, and major roads -- a main level full bedroom and bath for guests or family members. Bonus: there's extra parking for visitors on the side the home and a 240-volt - level 2 electric car charger in the garage. Located close to everything the fast growing city of Mableton has to offer - such as the new Floor & Decor and Olive Garden, this spacious gem is perfect for multi-generational living with its finished terrace level basement offering room for growing families or space for a home hacking opportunity. The basement is set up with a wet bar, media room, family room, and an oversized flex space that could easily become a 5th bedroom! Located further back from the road, you can count on a serene environment! Enjoy calming evenings on the screened deck or create an outdoor oasis in the spacious fenced in backyard. Upon entering the home, the two-story foyer leads to a sun-filled great room with large windows and a cozy fireplace - the perfect spot to relax or host during this sports and holiday season. Imagine using the formal dining room, flexible sitting room/office space, and eat-in kitchen complete with granite counters, plenty of cabinetry spaces, and stainless steel appliances. Welcome Home For The Holidays - BOOK THE TOUR, FALL IN LOVE, SEND AN OFFER.
Source: GAMLS #10404391
Source: GAMLS #10404391
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: #10404391
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.