2045 Broadmoor Way, Fairburn, GA 30213
5 beds · 5 baths · 3,436 sqft
Welcome to 2045 Broadmoor Way. Your next home which is located in the beautiful subdivision of The Fairways at Durham Lakes. This gorgeous gem boasts 5 bedroom and 4 1/2 bathrooms. It sits at approximately 3,436 square feet. When you enter into the impressive two story foyer your eyes are drawn up to the exquisite crown molding, which is throughout this home. The Large Dining Room to your left with coffered ceilings and trim will be perfect for hosting holiday dinners. From there you enter the Great Room which is flanked by the impressive Chef's kitchen and eat in area. The first floor also has a in-law suite with its own en suite. Upstairs you will find 4 more large bedrooms one princess suite with it's own bathroom and walk in closet. Large hall bath and separate Laundry Room. The Primary Suite is oversized with tray ceiling and stunning spa bathroom. The primary bath has a stone countertop double vanity, a large soaking tub with separate shower. A large walk in closet and separate water closet. This beautiful home has 4 sided brick and backs to Durham Lakes Country Club Golf Course. Don't miss out on your opportunity to be the envy of all your family and friends. Book your appointment today so you can call this listing HOME.
Source: FMLS #7528283
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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 #7528283
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.