2612 Piedmont Lake Rd, Pine Mountain, GA 31822
4 beds · 3 baths · 2,734 sqft
Spacious and functional this beautiful home in the gated community of Piedmont Lake sits majestically on the well-manicured 2.82 Acres property. The stone and brick fascia gives this home a point of difference and fits so well with the wooded setting. Once you enter in the home you can see the extra architectonical features. Several flex rooms give you the opportunity to use certain room to better fit your lifestyle. You can choose to have a study, dining or office for the room to the right off the foyer. Once you enter the main living area you are WOWED by the open space. Great for entertaining! Since the home is so new it has all the latest features with quartz kitchen counter tops, large island and ample cabinets. The split floorplan gives privacy as the bedrooms are all separated by the large great room/kitchen area. The main bedroom is oversized allowing room for cozy reading area. Spacious main bathroom has soaking tub and double vanity. The flex room off of the garage entrance could be a great workout room or 5th bedroom. The garage has epoxy floors and ample room for storage The covered patio is wonderful to enjoy the serene setting of Piedmont Lake. Enjoy the amenities of the 212-acre lake, tennis courts and swimming pool plus recreational area. The best part of this home is that its less than 3-years-old, so you get the all the advantages of the upgrades the seller did and the benefits of a new construction. If you have been wanting to make a move and not have to remodel this is the home for you.
Source: GAMLS #10408661
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10408661
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 30-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: #10408661
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