2038 Cresthaven Walk, Woodstock, GA 30189
4 beds · 5 baths · 3,491 sqft
"Absolutely stunning!" This is what your friends and family will say when they see your new home! This beautifully remodeled, four bedroom, 5 bathroom home is perfectly located beautiful Towne Lake. This John Wieland built home is located in the Wellesley neighborhood and offers mature trees, top notch amenities, and quality built homes. Your guests will be welcomed with beautiful full light French doors, natural finished hardwood floors, designer touches, and modern finishes. The kitchen features all new stainless appliances and new quartz countertops sitting atop all new kitchen cabinetry. High end features, like a stone surround fireplace with built-in cabinets and shelves, separate dining room, eat-in kitchen, and formal living room set the quality of this home apart. The upper floor features the owner's suite with hardwoods, sitting area, and fully renovated bathroom. Here you will find a glass shower enclosure, soaking tub, his and her vanities and closets. There are three additional bedrooms that feature ample closet space, and a beautifully remodeled guest bath. Head down to the basement to find a large bonus room with a bar featuring a fridge and wall mounted tv for the game, an extra room that can be used as a bedroom, gym, or office with an en-suite full bathroom. There is even an additional half bath for guests, separate entrance, and storage area. The entertainers backyard features a covered deck, large enough for the party, an uncovered area for grilling, and an impeccably kept lawn fenced in for the pets and little members of the family. Less than 10 minutes to shopping, schools, interstate access, and conveniently located near the nightlife of Downtown Woodstock. Imagine, this could be where you call home.
Source: FMLS #7532105
Send questions to support@withroam.com
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: FMLS #7532105
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.