211 Duke Ln, Kathleen, GA 31047
4 beds · 2 baths · 2,324 sqft
Say hello to tranquility! This charming 4-bedroom, 2-bathroom home rests on nearly half an acre in a peaceful subdivision, offering the perfect escape without sacrificing convenience. You'll be close enough to zip onto Highway 96 for errands, yet far enough away to forget the daily grind ever existed. Inside, this gem sparkles with recent upgrades, boasting NEW LVP flooring, fresh paint, plush new carpets, and brand new appliances - move right in and unwind! Enjoy peace of mind knowing that the roof and water heater are just 4 years old. Two dining areas ensure stress-free entertaining, while a versatile second living space in the back offers endless possibilities: formal sitting room, home office, playroom, gym, or even a converted 5th bedroom - you choose! The Owner's Suite, a luxurious retreat separate from the other bedrooms, features a private en suite with double closets, double vanity, a jetted tub for ultimate relaxation, and a separate shower. Need a space for visiting friends or family? The 4th bedroom on the second floor provides a perfect option. But wait, there's more! Step outside and discover a massive privacy-fenced backyard, complete with a spacious covered patio for year-round entertaining, and a wired workshop - the perfect spot for your next DIY project. This home truly has it all - peace, space, convenience, and endless possibilities. Don't miss your chance - call today for a showing!
Source: GAMLS #10334259
Source: GAMLS #10334259
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: #10334259