1640 Jasper Dr, Winder, GA 30680
4 beds · 3 baths · 2,519 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Don't miss this gorgeous, move-in ready home, built in 2021, by Reliant Homes and located in Calgary Downs gated swim/tennis/clubhouse community! The home sits on a level, landscaped lot with an extra-long driveway located on a peaceful cul-de-sac street toward the back of the neighborhood. Cedar columns welcome you to the large front porch! The foyer opens to separate living and dining rooms as well as a cozy family room with a beautiful brick electric fireplace. The kitchen is wonderful with a huge island, quartz countertop, farmhouse sink, tiled backsplash and walk-in pantry! There is also a bedroom and full bath on the main level. The spacious primary bedroom is upstairs along with two additional bedrooms, hall bath and laundry room. Conveniently located near downtown Winder just down the road from the new Publix!
Source: FMLS #7551084
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7551084
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.