2038 Heathermere Way, Roswell, GA 30075
3 beds · 4 baths · 2,388 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Fabulous Monte Hewitt Brick Townhome located in Roswell in the Gated and Beautifully Landscaped Heatherton. Tree Lined Streets with Sidewalks, a Sundial Park, and a Community Pool with Outdoor Fireplace add Character and Charm and the location is Exceptional. It is conveniently located to GA 400, the Chattahoochee River and close to Roswell's Canton St! This Fabulous Move In Ready Townhome is Extra Special with its Screened in Porch and Deck area so you can truly enjoy your Personal Outdoor Living Space! Stunning Hardwood Floors flank the entire main level as well as staircases and hallways. The layout is open and spacious. Entertain in your Lovely Dining Room or You make it a Second Den/Office. You'll enjoy cooking in the Chef's Kitchen with an Abundance of Cabinet space, Stone Countertops, a Center Island, Gas Range, Fabulous Pantry, and more that opens to the Large Family Room with Custom Cabinetry and Gorgeous Fireplace. Kick back and Relax on the Cozy Screened In Porch or Cook out on the Deck. Upstairs boasts a Huge Primary Suite with Trey Ceiling and Sitting Room, a Spa Like Primary Bath with Separate Shower and Large Soaking Tub, and a Large Professionally Finished Closet. There is also a Secondary Bedroom currently used as an office with its own full bath. On to the terrace level where you will find another secondary bedroom with its own full bath. Or use this space for an office, media room, workout room...the choice is yours! The two car garage is located off this level and the driveway has plenty of space for additional parking! Enjoy the Community Pool with Outdoor Fireplace and Park area located across from the home!
Source: FMLS #7568137
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7568137
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.
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.
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.
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.
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.
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.
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.