199 Thurmond Rd NE, Statham, GA 30666
4 beds · 3 baths · 2,846 sqft
Step into this stunning two-story farmhouse, where modern updates meet timeless charm. The expansive great room invites you in with its stacked stone fireplace, perfect for cozy gatherings. The beautifully appointed kitchen boasts ample cabinets and a delightful breakfast room for your morning coffee. Retreat to the luxurious owner's suite featuring elegant trey ceilings, dual vanities, a separate shower, and a soaking tub for ultimate relaxation. A spacious walk-in closet completes this serene escape. On the main floor, you'll also find an additional bedroom and full bath, ideal for guests or a home office. Host unforgettable dinner parties in the large formal dining room, while upstairs you'll discover two generously sized bedrooms, a bonus room, and another full bath-plenty of space for family and friends! Step outside to your own private haven, complete with a covered porch, a charming chicken coop, and a new above-ground pool with a large deck and beach area-perfect for summer fun and relaxation. Located conveniently between Winder and Athens, this home offers the ideal blend of country living and city access. With new LVP flooring and fresh paint, this farmhouse is move-in ready and waiting for you to make it your own! Don't miss your chance to experience the perfect combination of style, comfort, and outdoor living. Schedule a viewing today and see why this farmhouse is the ideal place to call home!
Source: GAMLS #10382450
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10382450
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: #10382450
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.