2000 Ocean Dr NW, Atlanta, GA 30318
3 beds · 3 baths · 2,110 sqft
Situated in the heart of West Midtown, this modern end-unit corner townhouse in the sought-after Hollywood & Main community blends contemporary design with urban convenience. Built in 2020, this three-story home offers 3 bedrooms, each with its own private full bath, 3.5 bathrooms, and approximately 2,110 square feet of well-appointed living space. The open-concept layout features a spacious dining and living area, complemented by a sleek kitchen with white cabinetry, granite countertops, updated lighting ,a spacious island and a breakfast bar on the 1st floor. The Primary suite includes a double vanity and a separate tub and shower, while the additional bedrooms are designed for privacy with a roommate-friendly floor plan. wood like flooring elevate the kitchen and living spaces, while plush carpeting adds comfort to the bedrooms. Outdoor enjoyment is made easy with a private balcony or patio, and an attached two-car garage offers secure parking and storage. This home is perfectly positioned near the Upper WestsideCOs vibrant shopping and dining district, the iconic Bobby Jones Golf Course, and major corridors such as I-285 and I-75. Additionally, it is surrounded by a growing collection of parks celebrating the outdoors, including the breathtaking 280-acre Westside Park overlooking Bellwood Quarry.
Source: GAMLS #10445299
Source: GAMLS #10445299
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.
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