2833 Jubilee Ter, Bethlehem, GA 30620
4 beds · 3 baths · 2,138 sqft
SELLER TO CONTRIBUTE UP TO $5,000 TOWARDS BUYER'S CLOSING COST! Situated in the highly sought-after Archer School District, this property offers access to top-rated schools renowned for their academic excellence and community spirit. The district is further enhanced by the brand-new Archer Middle School, currently under construction. Discover your dream home on a generous 0.8-acre lot surrounded by privacy & trees. This nearly new open concept home boasts luxury vinyl plank flooring throughout the main level ensuring durability & style. The kitchen is a chef's delight featuring white cabinets, granite countertops, stainless-steel appliances & a stylish tile backsplash. Adjacent to the kitchen, the dining room is elegantly appointed w/crown molding trim, chair rail & shadow box trim creating a sophisticated ambiance for meals. Step into an inviting great room ideal for hosting gatherings & creating cherished memories. This space features a charming wood burning fireplace, adding warmth, coziness & an abundant of natural light from the numerous windows. Retreat to the owner's suite where you'll find a trey ceiling w/ crown molding & a private bath that includes a double vanity, a relaxing garden tub, & separate shower. The lower level offers a bonus/recreation room, a separate office or 4th bedroom & a third full-sized bathroom providing ample space for work & play. Additionally, the lower level includes unfinished storage off the garage, offering plenty of room for your storage needs. This newly built home combines modern design with comfortable living, all set on a large, serene lot that offers the utmost in privacy. Don't miss the opportunity to make this beauty yours!
Source: GAMLS #10384566
Source: GAMLS #10384566
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: #10384566
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.