2168 Major Loring Way SW, Marietta, GA 30064
5 beds · 4 baths · 4,713 sqft sqft
Nestled in the highly sought-after Loring Square community, this stunning home is ideally located across from Cheatham Hill Elementary. With an additional parcel of 5.80 acres behind the lake included and being on a lake lot, it offers a perfect blend of spacious living and breathtaking natural surroundings. As you approach, the inviting front porch welcomes you to unwind in this peaceful retreat. Step inside to an entrance foyer that opens to a sunlit dining room adorned with a wall of windows, framing picturesque views of the lush landscape. Adjacent is a versatile flex space, now a stylish office featuring French doors and built-in bookshelves, perfect for those working from home. The heart of the home lies in the spacious living room, boasting tall ceilings and a cozy fireplace flanked by elegant built-ins, creating a luxurious yet inviting atmosphere. The chef's kitchen is a culinary delight, equipped with an upgraded stove, stainless steel appliances, and granite countertops, all complemented by a chic backsplash. The adjoining breakfast nook, surrounded by windows, provides a delightful spot for morning coffee while enjoying serene views of the backyard and tranquil lake. Retreat to the main level's primary suite, a sanctuary designed for relaxation. This spacious haven features a well-appointed primary bath with a separate tub and shower, along with a generous walk-in closet, ensuring both comfort and convenience. Upstairs, you'll find two additional bedrooms that share a beautifully designed bath, ideal for family or guests. The finished basement offers endless possibilities, envision a home theater, game room, you have the space for it and it also comes with a stylish bar , all designed for entertainment and leisure. Step outside to discover your double deck, perfect for hosting gatherings while overlooking the community lake a serene backdrop for casual afternoons and festive evenings. The active neighborhood thrives with seasonal events, fostering a strong sense of community and connection among neighbors. Loring Square offers exceptional amenities, including a refreshing swimming pool and tennis courts, ensuring ample opportunities for recreation. Plus, with Marietta Square just a quick 10-minute drive away, you'll have access to fine dining, vibrant seasonal events, and the scenic Kennesaw Mountain trails right in your backyard. ***Home is NOT in a Flood Zone. Sellers do not pay flood insurance***
Source: GAMLS #10401999
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10401999
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.
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: #10401999
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