253 TRIPP LN, Carrollton, GA 30117
Welcome to 253 Tripp Ln, a stunning residence in the heart of Carrollton, GA, where comfort meets elegance in a tranquil suburban setting. This beautiful home is located just two miles from I-20 in Bremen and nine miles from downtown Carrollton making it a perfect location to get to local shops or a trip into the city. Upon entering, you'll be greeted by an inviting foyer that flows seamlessly into the spacious and light-filled living areas. The open-concept design enhances the sense of space and connectivity throughout the home. The living room, featuring a cozy fireplace, serves as the perfect gathering spot for friends. The gourmet kitchen is a chef's dream, equipped with high-end stainless steel appliances, granite countertops, custom cabinetry, and a large center island that doubles as a breakfast bar. Adjacent to the kitchen is a formal dining area, ideal for hosting dinner parties and holiday gatherings. The primary suite is a true retreat, boasting a generous layout, walk-in closet, and a luxurious en-suite bathroom with a soaking tub, separate shower, and dual vanities. You will also find another spacious bedroom and bathroom on the main level The second level includes three additional bedrooms which provide ample space for residents, guests, or a home office. An additional full bathroom is conveniently located to serve these bedrooms. Outside, the expansive backyard is perfect for outdoor activities and entertaining. Enjoy summer barbecues on the patio or simply relax and take in the serene surroundings. The property also includes a well-maintained lawn and mature landscaping, enhancing the overall appeal and privacy of the home. Don't miss the opportunity to make 253 Tripp Ln your new home. Schedule a showing today and discover the charm and convenience of living in Carrollton, GA.
You may be able to put down less than the total down payment amount of $4,702 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: #7433951