210 Millpond Pkwy, Villa Rica, GA 30180
5 beds · 4 baths · 4,256 sqft sqft
This spacious 5-bedroom, 4-bath home is situated in a charming neighborhood that offers the best of both worlds: the tranquility of small-town living with the convenience of offering easy access to I-20, minutes from shopping. Boasting one of the largest floor plans in the community with 4,256 sq. ft., this home is perfect for families or those who enjoy entertaining. Upon entering, you'll be greeted by a grand 2-story foyer that leads to formal living and dining areas, as well as an exceptionally large great room. The main level showcases an open-concept eat-in kitchen that flows seamlessly into a fireside family room ideal for gatherings and entertainment. The eat-in kitchen stands out with a generous open layout, bar-style seating, and plenty of cabinet space. This home is perfect for both cozy family living and hosting guests. Conveniently located on the main level is a large bedroom with access to a full bathroom, offering flexibility for guests or multi-generational living. This thoughtful layout provides privacy and comfort for all. Upstairs, you'll find four additional bedrooms, including the expansive primary suite, which features a cozy sitting area perfect for unwinding after a long day. The ensuite bathroom boasts dual vanities, a separate shower, and a soaking tub, creating a spa-like retreat, not to mention the massive walk-in closet is every owner's dream. The 3 additional bedrooms are of exceptional sizes, share 2 full baths, and for added convenience, the upper level also includes a laundry room and a generously sized loft area that can serve as a versatile space for relaxation, entertainment, or a home office. This is a must-see home that has enormous potential for a big family.
Source: GAMLS #10395429
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10395429
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10395429