206 Cobblestone Trl, Dallas, GA 30132
5 beds · 3 baths · 3,596 sqft
MAJOR PRICE IMPROVEMENT!!This beautiful large home in the desirable neighborhood of Seven Hills is it! The main level offers an oversized living area, spacious kitchen with granite countertops, crisp cabinets, gas range and stainless steel appliances. Formal dining area and breakfast nook that leads out to a large deck! Primary suite with jacuzzi tub and double vanity. Upstairs 3 secondary bedrooms and large guest bathroom. Down stairs is the place to entertain with 5th bedroom and full bathroom! Fireplace, wet bar, surround sound, basketball hoop and so much more, all leading out back to your very own top of the line hot tub! (Pool table is negotiable) Roof and water heater both only 7 years old! If this isn't enough, the HIGHLY SOUGHT AFTER neighborhood of Seven Hills, you'll have access to retreat like, award winning 13 acre amenity areas that includes-10 illuminated tennis courts, pickleball, basketball and sand volleyball courts. Clubhouse with a kitchen, playground, dog park and the best part of all WATERPARK! with beach-entry Olympic sized pool offering a waterslide and SPLASH PAD! What's even more exciting, another pool set to be open the end of summer 2025. If you are worried about missing anything, no need to worry, there is an activities director available for you! All of this along with being close to shopping, highways and all you could ever ask for in a home! Call for your private showing today! All information deemed reliable, buyer to verify.
Source: GAMLS #10477762
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: GAMLS #10477762
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.