1761 Morgan Ln, Conyers, GA 30012
4 beds · 3 baths · 2,655 sqft
For Sale Or Trade. OWNER TRANSFERRED - MUST SELL QUICKLY! BUY THIS AWESOME HOME WITH $0 DOWN AND UP TO 2 MONTHS WITH NO PAYMENTS. Up to $10,000 in closing costs, 1% below market rates and 24-month refi guarantee with preferred lender.* Have a home to sell? Buy this home and we'll buy yours!* Ask for more info! THIS IS A CERTIFIED PRE-OWNED HOMETM. This CPO HomeTM IS IN MOVE-IN CONDITION and comes with a current home inspection, full year Home Warranty covering up to $25K in repairs or replacements plus our written 24-month GURARNTEE that You'll love this home or we'll buy it back or sell it for free* Beautifully nestled in this attractive, PRIVATE GATED COMMUNITY, this elegant craftsman 2-story home brings all the benefits of upscale living. The modern, open floor plan is highlighted by gleaming hard-surfaced floors with the chef-inspired kitchen at the heart of the home. Its state-of-the-art Stainless Steel Appliances (including the fridge), MASSIVE ISLAND with Granite Countertops, Shaker Cabinets with soft closing doors and drawers offer both function & aesthetic appeal while providing tons of storage. Formal dining - yes with a classic graceful dining room and "let's get-together and have fun" family dining with the stunning kitchen island that seats 4 and makes breakfast or lunch or dinner together a dining joy. The private Primary suite features Trey Ceilings and en-suite that will BLOW YOUR MIND! Tray ceiling, double sinks and oversized tiled shower. And for play-time... don't miss the UPPER LEVEL LOFT already pre-wired with a movie projector for the film-lover in you! Buy this home and IF YOU'RE NOT SATISFIED IN 24 MONTHS WE'LL BUY IT BACK OR SELL IT FOR FREE!
Source: GAMLS #10396030
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10396030
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: #10396030
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.