2450 Westlington Cir, Cumming, GA 30040
3 beds · 2 baths · 2,148 sqft
Relax in this beautiful gated community with all the amenities you could want. This beautiful 3-bedroom 2-bath has a chef's kitchen, oven, convection microwave, and huge island, which is perfect for food prep while you enjoy plenty of seating for family and friends at the counter. An open-concept living room and kitchen are great for entertaining; a few steps away is your enclosed screened-in porch, perfect for enjoying your morning coffee and mountain view. All rooms have a ceiling fan and wood blinds for comfort and style. The oversized master bedroom connects the master bath to a huge walk-in closet on one side and the laundry room on the other side. No need to carry a laundry basket in this home. Need more storage or room to expand? Check out the unfinished daylight walk-out basement, which has plenty of room for storage and is also stubbed out for a bath if you decide to add more living space. One door down is your community pool, and you also have all of the amenities for all of Mountain Crest, including a Jr. Olympic-sized pool, fitness center, tennis/pickleball courts, clubhouse, and social activities. HOA dues include mowing, edging, pine straw, and sanitation. Do not wait. Homes in this community go super fast and are part of the Mountain Crest community next door.
Source: FMLS #7465427
Source: FMLS #7465427
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: #7465427