208 Gordon St # 5, Lagrange, GA 30240
3 beds · - baths · sqft
LOCATION, LOCATION, and ASSUMABLE 4.5%!!! Are you looking for the perfect spot intown to call home? Stunning 3-Bedroom Home with Office. Nestled in one of the most desirable downtown locations, this exquisite three-bedroom, three-bath residence is the perfect blend of comfort and elegance. Boasting an inviting design and captivating views this property is a true gem. As you enter, you'll be greeted by a spacious and light-filled open floor plan that seamlessly connects the living, dining, and kitchen area. Large windows frame the stunning vistas, allowing natural light to flood the space and providing a picturesque backdrop for your everyday life. The living room is perfect for relaxing by the fire with family or entertaining friends, while the adjacent dining area offers a charming setting for memorable meals. The modern kitchen is a culinary enthusiast's delight, featuring stainless steel appliances and stylish cabinetry. Whether you're preparing a casual breakfast or hosting a dinner party, this kitchen caters to all your culinary needs. If you're looking for a peaceful retreat at the end of a long day or a comfortable guest room to host friends and family, this spacious main-level bedroom is the ideal choice. Retreat to the upper luxurious master suite, where you'll find a private sanctuary complete with an en-suite bath. Additional well-appointed upper bedroom offers comfort and privacy for family or guests with easy access to a beautifully designed bathroom. Need a dedicated workspace? The office provides the perfect environment for productivity, whether you're working from home or pursuing personal projects. Don't forget the additional lower level family/game space waiting for you to build memories. Step outside to enjoy the expansive outdoor green space, where you can watch the stars at night or unwind while taking in the breathtaking views. The landscaped yard is ideal for simply soaking in the tranquility of your surroundings. With its prime location, this home offers convenient access to The Thread, local shops, and dining, making it the perfect spot to call home. Don't miss out on the opportunity to own this remarkable property-schedule your private showing today and experience the charm and beauty of downtown living!!!
Source: GAMLS #10423287
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10423287
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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 “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.
MLS ID: #10423287
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.