218 Meriwether Ln, Villa Rica, GA 30180
4 beds · 3 baths · 2,205 sqft sqft
4BR/3BA STEPLESS RANCH-STYLE HOME ON CORNER LOT!!! Welcome to 218 Meriwether Lane, a charming four-bedroom, three-bathroom stepless ranch-style home located in South Paulding. This corner-lot property offers convenience and comfort all on one level, ideal for those seeking easy living without compromising on space. Step inside to discover a sprawling open living area that seamlessly blends the kitchen, dining, and living room, creating a perfect environment for both entertaining and everyday life. The kitchen features modern appliances and plenty of counter space, making meal prep a breeze. The primary bedroom is a peaceful retreat, while one of the secondary bedrooms includes a private bath-perfect for guests or extended family. The other two secondary bedrooms share a hallway bath. The laundry room is conveniently located in the hallway near the center of the home. Step outside to a cozy backyard with a covered rear patio, perfect for relaxing or dining outdoors. The fenced backyard provides the perfect spot for Fido to get some sun while you enjoy privately overlooking from the patio. Situated just west of Atlanta and minutes from I-20, this home offers easy access to everything Metro Atlanta has to offer. Take in a Braves game at Truist Park or go watch Atlanta United or the Falcons battle at Mercedes-Benz Stadium! Whether you're headed to shopping and dining in Hiram or West Cobb, or taking a short drive to the University of West Georgia in Carrollton or Chattahoochee Tech and Georgia Highlands in Dallas, you'll love the convenience of this location. 218 Meriwether Lane is more than a house-it's a place to call home. Don't miss out on this fantastic opportunity!
Source: GAMLS #10351836
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10351836
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: #10351836
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.