2560 Melton Common Dr, Dacula, GA 30019
4 beds · 3 baths · 2,440 sqft sqft
PRICE IMPROVEMENT! This open floor plan with 4 spacious bedrooms and 3 FULL bathrooms boasts a modern yet timeless exterior design with a blend of brick, cedar shake and cement siding. The front entrance features beautiful landscape and a covered porch, which is perfect for enjoying a morning coffee or greeting guests. Upon entering, you're greeted by a grand foyer, very high ceilings and opulent arched doorways that add an elegant and timeless architectural element which enhances the overall aesthetic and unique charm to this home. The first floor includes a well-appointed guest bedroom with a full bathroom, offering comfort and privacy for visitors or in-laws. The large private luxurious primary suite is also located on the main level. The en-suite bathroom includes a soaking tub, a separate glass-enclosed shower, dual vanities, and a large walk-in closet. The rich hardwood floors flow seamlessly throughout the spacious main living areas, adding warmth and sophistication. The living room is anchored by a sleek, modern fireplace, creating a cozy atmosphere with a great view to your dream kitchen. The kitchen features a large center island with seating, stainless steel appliances, and gorgeous cabinetry. This open-concept layout allows for easy interaction between the kitchen and living room, making it ideal for gatherings. As you walk upstairs, notice the wrought iron railing that brings style to this area. Once upstairs, you'll love the two additional bedrooms that are generously sized with large closets. They share a well-appointed full bathroom with modern fixtures and finishes. Need more space? Enjoy the cozy loft on the second floor that can serve as a home office, playroom, or media room, offering versatile space to meet various needs. Walk outside to the private backyard. Once outside you'll want to relax for a while to fully engulf the large covered patio and serenity. This home is perfectly located to highways 316 and 85, the Mall of Georgia, shopping centers, schools, and parks. Don't wait on this one. IT WON'T LAST!
Source: GAMLS #10307448
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10307448
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: #10307448
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.