1749 W Caribaea Trl SE, Atlanta, GA 30316
5 beds · 3 baths · 3,100 sqft
Welcome to Beautiful & Convenient East Atlanta Community minutes from Downtown & Approx. 20 minutes from the Atlanta Airport! Total Renovation, Everything is New & Full of Upgrades! This Open Concept Floorplan w/ large Island, is a GREAT floorplan for In-Laws or Roommates. This 5 Bedrooms/flex room & 3 Full Baths has a Kitchen w/ Upgrade Granite Countertop, Upgrade Stainless Steel Appliances, which includes, Flat Top Oven/Range, Microwave, Dishwasher & Refrigerator. 2 Primary Suites, one on each floor. Upgraded Bathrooms w/ Tile, High End Hardware & Granite Countertops. Two (2) Full Side Washer & Dryer connections, Providing Washer & Dryer on the main floor. Low maintenance Flooring throughout the house. Large walk-in closets, 2 Inch Faux Wood Blinds! Private Brand New Deck! If you are a Professional Hairstyles plumbing is already installed in additional room in basement. Too many features to listed them all! Home information, including pricing, included features etc. are subject to change prior to sale without notice or obligation. Square footage dimensions are approximate. 2% Lender Credit, paid towards closing cost with preferred lender. 100% Financing Available and Grants offered in this area! Warranty Provided Also! Schedule an appointment TODAY to make this home yours!
Source: GAMLS #10480778
Financials
Source: GAMLS #10480778
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.
