216 Southwick Ln, Peachtree City, GA 30269
5 beds · 3 baths · 4,082 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautiful waterfront home with panoramic pond views! Situated on a premier lot with views of one of the most picturesque ponds in Peachtree City. With approximately 4,000 square feet of thoughtfully designed living space, this home offers three finished levels, with many designer touches throughout. Step onto the charming covered deck to enjoy the serene pond views or take advantage of the expansive, level fenced yard, ideal for outdoor entertaining. The grand two-story great room welcomes you with vaulted ceilings and natural light. The kitchen is outfitted with granite countertops and stainless steel appliances. A spacious dining room, a dedicated office, and laundry room complete the main level. The spacious owner's suite features a sitting area, and a luxurious spa-like bath. You'll also find a private retreat attached to the owner's suite perfect for a cozy private office or sitting room. Three additional bedrooms share a bath with two separate vanities. The finished terrace level is designed with versatility in mind, offering a recreation room, bedroom, bath, and plenty of storage. Located in highly sought after North Peachtree City, this home is just minutes from everything you need-shops, dining, and top-rated schools plus an easy commute to Interstate 85. Don't miss out on the opportunity to call this waterfront showplace your own!
Source: GAMLS #10505076
Source: GAMLS #10505076
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.