195 Finchley Dr, Roswell, GA 30076
3 beds · 3 baths · 1,702 sqft
This beautiful brick-front townhome is nestled in the highly sought-after Regency at Mansell community in Roswell, just minutes from Hwy 92, GA 400, Alpharetta Hwy, Downtown Roswell, Downtown Alpharetta, The Avalon, and more! As you enter, you are welcomed by a spacious two-story foyer that sets the tone for the home. The fireside family room and separate dining room are both perfect for hosting gatherings and quiet evenings. The kitchen features stainless steel appliances, sleek stained cabinets, and an eat-in area. The Owner's suite is a true retreat, offering ample space, vaulted ceilings, and a luxurious ensuite bath with double vanities, a separate tiled shower and tub, and a generous walk-in closet. Two additional well-sized bedrooms share a beautifully tiled bathroom. Step outside to the rear patio, ideal for relaxing or entertaining guests! Additional highlights include a convenient half bath on the main level, a dedicated laundry room upstairs and a two-car garage. Updates include newer roof, appliances, HVAC systems, light fixtures, interior and exterior paint. Don't miss out on the chance to call this charming townhome yours! Enjoy all the parks, trails, shopping, entertainment and dining options that Roswell and neighboring Alpharetta have to offer! Seller shall cover the HOA fees through the end of the year with an acceptable offer.
Source: FMLS #7548412
Financials
Source: FMLS #7548412
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.