2107 Rockmart Rd SE, Rome, GA 30161
3 beds · 4 baths · 3,251 sqft
Welcome to 2107 Rockmart Road in Rome, GA-where comfort, convenience, and charm come together to create the perfect home! Sitting just minutes from downtown Rome, this home offers quick access to Highway 101, Highway 411, Highway 27, and Highway 20, making it a breeze to get wherever you need to go. Also, according to GPS, Atrium-Floyd Hospital is 3.1 miles away and Piedmont Urgent Care is only 1.5 miles away. The nearest elementary school is less than a mile from the home and Rome High School is only 5.9 miles away. Grocery shopping at the local Kroger grocery store or Walmart is less than 3 miles away. For any home related maintenance, Home Depot is only 2.6 miles away. From medical services to schools, from home goods and repair to shopping and restaurants - all are located within minutes of this home. With over 3,200 square feet of space, this home gives you room to spread out and relax. It features three generously sized bedrooms, each with its own full bathroom-perfect for privacy and comfort. The master suite is extra spacious, complete with his and hers closets for plenty of storage. On the main level, you'll find a formal living room and dining room, great for hosting friends and family. The cozy den connects right to the kitchen, making it the heart of the home. Step outside from here onto a huge deck-ideal for sipping your morning coffee or unwinding at sunset. Upstairs, the two bedrooms open onto a large, partially covered deck, offering a peaceful outdoor escape. And if you love spending time outside, you're in for a treat! The backyard is your own private oasis, featuring an inground saltwater pool, easily accessible through French doors from the bonus room. Speaking of the bonus room, it's a versatile space ready for anything-a game room, home theater, play area, or even a guest suite. It already has a kitchenette and an extra bathroom, making it perfect for visitors or a separate living space. This awesome home is located close to several golf courses, tennis courts, shopping, restaurants and local colleges. If you're looking for a home that offers space, convenience, and a great place to entertain - this is it. Come see it for yourself! Home needs a little TLC. ***SELLER IS MOTIVATED!*** Seller will consider a home warranty or rate buy down or other seller concessions - Bring an offer!
Source: FMLS #7531128
Financials
Source: Public records
Source: FMLS #7531128
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.