19 Roving Hills Cir, Cartersville, GA 30121
5 beds · 4 baths · 2,352 sqft
***Motivated seller, $5000 price reduction***Gorgeous, unique home set up on a hill with elevated views and lots of gorgeous trees! Step inside to beautiful hardwood floors in the formal living room with lots of natural light. Spacious formal dining room with chair railing seats 8. Huge step down family room has a stunning floor to ceiling brick fireplace and easy access to the backyard for al fresco dining or enjoying the quiet of the wooded views. Bright and open kitchen features a tile backsplash and plenty of cabinet space as well as a large breakfast room. Half bath, laundry, and mud room just off the kitchen for added convenience! Large primary bedroom has an en-suite bath with walk-in shower. Two spacious secondary bedrooms and a full bath complete the main level. Upstairs includes a full bath, bedroom with a vaulted ceiling and lots of natural light, and a flex room/5th bedroom that would also make a great home office, playroom, craft room, you name it! Huge backyard features a deck, shed, tons of mature trees, and lots of privacy. Conveniently located near shopping and dining, this home in a quiet neighborhood has it all!
Source: GAMLS #10362258
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10362258
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: #10362258
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.