251 HEATHRIDGE LN SE, Mableton, GA 30126
Nestled in a quiet, friendly neighborhood on a serene cul-de-sac, this charming home perfectly balances elegance and comfort. As you step inside, the living room welcomes you with gleaming hardwood floors, elegant crown molding, and recessed lighting. Sunlight streams in, casting a warm glow on the stunning fireplace—the heart of this inviting space. Seamlessly connected to both the living room and kitchen, the dining room exudes sophistication with its crown molding and wainscoting, creating the perfect atmosphere for memorable meals. The kitchen is a chef’s dream, offering ample counter space, cabinets, and stainless steel appliances. A wine rack and an eat-in breakfast area add a touch of style, with direct access to the outdoor deck for effortless al fresco dining. The main floor also includes a convenient laundry room and powder room. Upstairs, the primary bedroom serves as a tranquil retreat, featuring crown molding, a cozy fireplace, a double vanity, a soaking tub, and a separate shower. Two additional spacious bedrooms and another full bath provide comfort and privacy for guests. The fully finished basement, with its own full bathroom and easy exterior and interior access, offers endless possibilities—a separate living area, a media or game room, a home office, or even a personal gym. Step outside to discover a backyard oasis. The expansive lawn and firepit set the stage for star-gazing and entertaining, while shade trees provide the perfect spot to relax in a hammock, enjoying a good book or the soothing sounds of nature. This well-maintained home is ready for you to make it your own, offering the ideal blend of spaces for entertaining, relaxation, and everyday living.
You may be able to put down less than the total down payment amount of $190,981 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7437680