2631 Neighborhood Walk, Villa Rica, GA 30180
3 beds · 2 baths · 2,190 sqft
Back on the market at no fault of seller. Buyer financing fell through. Welcome to this beautiful 3-bedroom home in the sought-after Mirror Lake subdivision in Villa Rica. Great home is move-in ready and also comes with a home warranty (2-10) for 12 months! Ask your lender about USDA or GA Dream which can provide you ZERO down payment or down payment assistant. Beautiful landscaped front yard is breathtaking during day and also impressive at night as highlighted by the custom automatic outdoor lighting. Neutral paint and beautiful floors throughout! First floor includes a formal dining room w/ tray ceiling. Open layout kitchen and living room is anchored by a cozy fireplace and a door that leads to an inviting screened-in porch-perfect for relaxing evenings. The kitchen has stainless steel appliances, including a new Bosch dishwasher and new KitchenAid microwave w/air fryer capabilities. Classic white backsplash, oversize stainless steel sink add modern touch. Seating area includes the counter bar and area for kitchen table. Upstairs you will find a versatile loft area, ideal for an office, exercise space or a serene reading nook. All three bedrooms are located on this level, including the master suite, which is a true retreat. The master bedroom features an elegant double tray ceiling, TWO walk-in closets and a private sitting area, providing a peaceful escape within your own home. The en-suite master bath is equipped with a double vanity, a luxurious soaking tub, and a separate shower. Mirror Lake subdivision offers a wealth of amenities to enhance your lifestyle, including two pools, tennis courts, pickleball courts, park, walking paths, swim team, fishing lake, and an optional golf course membership. The community hosts numerous social events to keep community connected. Conveniently located near I-20 and shopping centers, this home provides both tranquility and accessibility. Don't miss your chance to own a piece of paradise in Mirror Lake!
Source: FMLS #7401699
Source: FMLS #7401699
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: #7401699
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.