188 Blue Iris Ct, Winder, GA 30680
5 beds · 3 baths · 2,837 sqft
Welcome to beautiful and Stunning "Daffodil Plan!" Located in a desirable community. As you walk in enjoy the open and large two-story foyer entrance. The first level features a guest room, full bath, an open concept great room with grey slate surround fireplace, views to the beautiful gourmet kitchen, eye catching pendant lights covering the large kitchen island, quartz countertops, 42 inch painted cabinetry, hard surface luxury vinyl floors throughout common areas on the main level, generous sized walk-in pantry, and stainless steel appliances. Enjoy outdoor entertaining on the spacious covered patio in your landscaped rear yard. The staircase hand rail is stained amazingly to match the wood stair treads leading you to the top level. The primary bedroom comes with a ceiling fan and includes an end-suite bath with painted cabinets, double vanities, tiled floors and walls, cultured marble countertops, soaking tub with framed glass shower, and a spacious walk in closet. Two additional guest rooms that come with ceiling fans and walk in closets. You cant miss the secondary bath featuring tiled floors and painted cabinets, chrome faucets, and cultured marble countertops. This split floor plan assures for maximum privacy. Just minutes away from 85, Mall of GA, Lake Lanier, Chateau Elan Estates, Retail Shopping, Parks and Recreation.
Source: FMLS #7410554
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: FMLS #7410554
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.