180 Paula Dr, Tyrone, GA 30290
3 beds · 2 baths · 2,356 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautifully renovated two-story home nestled at the end of a cul-de-sac in a highly sought-after, serene neighborhood. Situated on a spacious one-acre lot, this property boasts a private backyard and a charming wraparound porch, perfect for enjoying your morning coffee or breathtaking sunsets. The newly updated kitchen features an open, eat-in layout with modern upgrades, including granite countertops, a breakfast area, and a seamless view of the family room, which showcases a cozy granite-surround fireplace. The breakfast area opens to a back deck, ideal for outdoor gatherings. French doors lead to the dining room, which connects to a formal living room, creating an inviting and versatile space for entertaining. Stunning new hardwood floors enhance the elegance of the main level. Upstairs, youCOll find a spacious master suite with an updated master bath, complete with a tiled shower, dual vanities, and a generous walk-in closet. Plush carpet runs throughout the upper level. Additionally, a large 21COx21CO bonus room above the garage, with its own separate HVAC system, offers flexibility as a game room, home office, or extra bedroom. This home combines modern updates with timeless charm, making it a must-see!
Source: GAMLS #10424031
Source: GAMLS #10424031
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 and Equal Opportunity Act.