2833 Jubilee Ter, Bethlehem, GA 30620
4 beds · 3 baths · 2,138 sqft 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: FMLS #7461555
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7461555
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 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.
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: #7461555