2903 Loch Lomond Dr, Conyers, GA 30094

Motivated seller!!! What a sight for sore eyes! You're deserving of the best and this home is it! This home is a rare opportunity to live in an exclusive sought after swim, tennis and lake community with the friendliest neighbors. This beautiful and spacious 5 Bedroom 4 1/2 bath, with 3 door garage, sits enchanted on an elevated hill, and is well-maintained and has all the bells and whistles to meet all your needs. As you enter this home, you are greeted by updated luxury vinyl plank flooring and a 2 story foyer with a sparking elegant and modern chandelier that is a standing statement piece. To your right there is a library or flex room with stylish double windowed, french doors and private patio access perfect for bird watching, sipping your morning coffee or reading. This home also features, a refined dinning room that leads to the kitchen and a vaulted family room with a 2-story ceiling and inviting fireplace. No need to paint because the new interior paint job of this home exhibits a bright clean gleaming white that enhances the tons of natural light in this home. The heart of this home is the chef's kitchen. If you enjoy entertaining and cooking, you will love this kitchen which contains granite countertops, stainless steel appliances, a built-in microwave, a gas top cooktop, a large walk-in pantry, a butler's pantry, separate breakfast dining nook and a large island. You will fall in love with the upgraded iron stair rails leading up to the top level and you will be blown away to find the oversized owner's suite that features tray ceilings with a separate sitting area. The owner's suite bath features a glass shower, a separated jetted tub, dual vanities with cabinetry, and a large walk-in closet grand enough for him and her. Also on the top level of this home, there are 3 additional bedrooms including a private guest room with its own dedicated bathroom and Jack -N- Jill formatted bedrooms in which they share an update bathroom and each room has its own private vanity. This is the home that just keeps on going because it gets even better. Once you retreat down to the basement terrace level there is an in-home theater entertainment center already pre-wired for speakers and a stunning coffered ceiling with a cozy fireplace. You're entertaining from now on, will be boosted and enhanced, with the gorgeous bar and game area, and a separate lounge area featuring tray ceilings and a show stopping exposed brick accent wall. At this point with countless storage, the 5th bedroom and full updated bathroom, you will never want to leave this level of the house. This house is simply a gem and the oversized back deck, overlooking the large backyard is nothing short of a dream for all your backyard desires. The opportunities are endless.

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

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.

Last updated: Dec 21, 2024 06:12 pm

Listing agent: Rena Marie Moore (404) 395-8731

Listing provided courtesy of:

Details provided by GAMLS and may not match the public record.
MLS ID: #10407643

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