2733 S HILLS, Riverdale, GA 30296
Welcome home to this fantastic 4 bedroom 2.5 bath home in South Hills. The spacious floor plan offers a main level with gleaming LVP entry foyer, flanked by a formal living room/office space, and a formal dining room with exceptional trim work with arched doorways and judges paneling, Dining area leads back to the well appointed kitchen with Crisp white cabinets, stainless steel appliances, breakfast area, pantry, and access out back to both the attached 2 car garage and the large, level and private backyard & patio space that’s just perfect for entertaining! Back inside, the main level is complete with a half bath and an expansive family room with cozy fireplace. The Upper level boasts a spacious primary suite with tray ceiling and an en suite with garden tub at separate shower, as well as 3 more large secondary bedrooms and a the 2nd full bath and laundry room. Home is also conveniently located to airport, shopping, dining and schools . *SELLER OFFERING A BUYER CREDIT toward New Carpet. **.....Don’t wait… Call to schedule your tour today!!
You may be able to put down less than the total down payment amount of $116,655 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: #7400090