2784 Sixes Rd, Canton, GA 30114
4 beds · 3 baths · 3,034 sqft
**Motivated Seller** Dare to Dream Big. Imagine waking up every morning in a stunning ranch-style haven, nestled on 1.9 acres in the coveted Sixes Elementary School District. This incredible property is the ultimate slice of paradise with optimal privacy all around and a refreshing pool; this home truly feels like a retreat. With a beautifully remodeled kitchen and newly installed hardwood floors, this home is ready to suit all your entertainment needs. The separate dining room is a haven for family gatherings, with a stunning tray ceiling and judges paneling that adds a touch of elegance to every meal. When you're ready to unwind, step into the expansive great room, where soaring wooden ceilings and large windows flood the space with natural light. The pièce de résistance? A stunning floor-to-ceiling stone fireplace that's sure to be the focal point of countless cozy nights in. The large master oasis offers a peaceful place to withdraw at the end of the day. Featuring two additional generously sized rooms and an updated secondary bathroom. This home also comes with a customizable basement that features a separate entrance, bathroom, and additional laundry hookup. This added space is ready to become the ultimate game room, sanctuary or in laws quarters. With plenty of parking, a two-car attached garage, and an additional workshop that can house two cars/motorcycles, plus a covered shed perfect for boat storage, this property truly has it all! A chance to immerse yourself in nature, this home offers an opportunity to be conveniently located near many amenities yet feel as if you are in your own world. Don't miss out on this incredible opportunity to own your dream home – schedule a viewing today!
Source: FMLS #7498071
Source: FMLS #7498071
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.