160 Granny Smith Dr SE, Calhoun, GA 30701
4 beds · 3 baths · 3,318 sqft
FABULOUS RANCH OVER BASEMENT IN THE ORCHARD! As you walk up the sidewalk onto the covered front porch and into the foyer, you are greeted into the beautiful DINING ROOM displaying a lovely TRAY CEILING - the perfect space for elegant meals, or for use as a HOME OFFICE. It is accented with beautiful and bright flooring. Open to that is an inviting LIVING ROOM WITH VAULTED CEILINGS AND BRICK FIREPLACE - perfect for chilly evenings or those ever so infrequent snow days! The galley kitchen is outfitted with a chef's GAS STOVE, alabaster appliances, and ceramic tile flooring. The view from the kitchen windows is a peaceful wooded scene, which is also seen on the back porch where you can enjoy wildlife sightings galore! Enjoy mornings with coffee or evenings listening to the sounds of nature on this intimate covered deck nestled off of the kitchen area. The highly desired SPLIT-BEDROOM PLAN with the OWNER’S RETREAT boasting a DOUBLE TRAY CEILING, a LARGE WALK-IN CLOSET, ENSUITE BATH with double vanity, separate shower and garden tub, as well as ready access to the laundry room. The other two main level bedrooms are off of the living area and share a bathroom with tub/shower combo. The DOWNSTAIRS is equipped with a full bath, a finished bonus area that was previously used as an exercise room, and a massive amount of unfinished area that can be utilized for storage or built in to suit your needs. The property is FENCED for your fur babies and even has a deck built underneath the porch that can be used as cover for animals or as storage for equipment. Wonderful CUL-DE-SAC location! Amazing location, conveniently positioned, in this fantastic neighborhood with COMMUNITY POOL - The perfect space to enjoy summer days without the work and expense of private pool ownership. Welcome Home to 160 Granny Smith!
Source: FMLS #7518504
Financials
Source: FMLS #7518504
Source: Public records
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%. 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.
Other resourcesWhat 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.