260 Stillbrook Way, Fayetteville, GA 30214
5 beds · 4 baths · 4,685 sqft
Welcome to this stunning property, where elegance meets contemporary charm on a beautiful 1.3 acre lot. As you enter, you'll be greeted by a two-story foyer flows seamlessly through to the open-concept main level. The space boasts 10-foot ceilings and custom-designed walls that set a tone of refined sophistication. Eclectic modern lighting fixtures add a touch of personality and flair, enhancing the unique character of each room. The main level features an inviting family room with a classic wood-burning fireplace, perfect for cozy gatherings. Adjacent to this is the keeping room, which offers an additional gas fireplace, creating a warm and intimate setting. The chef's kitchen is a culinary masterpiece, equipped with a gas cooktop, double ovens, built-in microwave, a center island, and a breakfast bar with solid surface counter tops, making it ideal for both everyday meals and entertaining. For formal occasions, the separate dining room provides a refined setting, while the versatile living room/office offers a space that can adapt to your specific needs. Upstairs, all bedrooms feature vaulted ceilings. The oversized master suite is a true retreat, featuring a spacious sitting room that can double as an office, and a large walk-in closet with ample space for two. The master bath has separate vanities for personal space and a separate shower and soaking tub. There are two additional bedrooms connected by a Jack and Jill bathroom, and another bedroom with an en-suite bath and hallway access. This property combines luxurious living with functional design, providing a perfect blend of elegance, comfort, and versatility.
Source: GAMLS #10377257
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10377257
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: #10377257
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.