2156 Montrose Ave SW, Atlanta, GA 30311
4 beds · 3 baths · 2,792 sqft
Fully renovated modern home in the most convenient area of Venetian Hills! You won't find anything like this amazing home in this highly sought-after area of Atlanta. Situated to provide all the conveniences to entertain and host your loved ones. It features an open floor plan with a spacious main level, formal dining, a kitchen with an island, and stainless steel appliances overlooking the living room. This floor plan offers two primary suites, one on the main floor perfect for the owner who is looking for one-level living, yet offers a primary on the 2nd floor for the owner who prefers to be on the same level as their children. This also is perfect for multi-generational living for those who have a loved one who lives with them. This home also offers spacious secondary bedrooms with spacious closets and ample storage space. Its open design allows for natural light to permeate into the home. Its cheerful environment is sure to bring a smile to any home buyer's face. It truly is a special home, with high ceilings and an oversized deck overlooking the beautiful, flat lot, an amazing backyard, perfect for barbeques, playing ball, or gardening. It offers covered parking for ease and convenience on rainy days, or a covered patio when looking to enjoy your neighborhood while sipping on your sweet tea. Convenient location is nearby shopping, the beltline, public transportation, and interstates to help you get wherever you need to be in the city quickly. Don't delay, you'll be hard-pressed to find the quality of the renovation, modern tiled bathrooms, and showers, with double vanities. Don't miss the upgraded custom lighting and features throughout the house.
Source: GAMLS #10351920
Source: GAMLS #10351920
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: #10351920
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.