200 Riverridge Trl, Oxford, GA 30054
3 beds · 4 baths · 2,198 sqft sqft
Discover tranquility in this enchanting ranch home nestled on 12.89 acres of pristine land in Oxford, GA. This 3-bedroom, 4-bathroom residence offers spacious living with the potential for expansion, featuring a full unfinished basement that mirrors the main level. Step inside to find a welcoming foyer that leads to a well-appointed dining area adjacent to the kitchen. The heart of the home boasts custom cherry cabinets, sleek granite countertops, and modern appliances. Enjoy your morning coffee in the cozy breakfast nook with picturesque views. The open-concept layout seamlessly connects to a charming den, where expansive windows frame the private, fenced backyard. A stunning masonry fireplace serves as the room's centerpiece, adding warmth and character. Recent updates include new flooring and a modern air conditioning system for ultimate comfort. Relax on the covered front porch or unwind on the secluded back deck.The primary bedroom, adorned with new luxury vinyl plank flooring, along with two additional bedrooms and four full bathrooms, complete the main level. Natural light floods the home through numerous windows, enhancing its inviting atmosphere.Exterior features include four-sided brick construction and a convenient side garage. The home's elegance is further elevated by crown molding and judges panels throughout.Additional highlights include a recently updated roof and a smooth blacktop driveway. This exceptional property offers the perfect blend of comfort, style, and rural charm, providing an idyllic setting to call home.
Source: GAMLS #10379548
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10379548
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: #10379548
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.