2920 Dara Dr, Marietta, GA 30066
4 beds · 2 baths · 2,477 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully cared-for home offering the perfect blend of style, comfort, and convenience, nestled on a lush, half-acre level lot. Step inside to an open-concept layout featuring stunning green cabinetry, quartz countertops, stainless steel appliances, and picturesque views of the serene backyard right from your kitchen sink. The heart of the home flows effortlessly from the kitchen into the spacious dining area and oversized fireside family room, ideal for both everyday living and entertaining. Step out onto the screened-in porch and enjoy your morning coffee or host guests on the adjacent concrete patio, surrounded by a beautifully landscaped, private backyard. This home boasts 4 generously sized bedrooms and 2 full bathrooms, including a secondary bath with double vanities and an updated tub/shower combo. The spacious owner's suite features his and her closets and a private ensuite with a walk-in shower. You'll find a laundry chute located on the main hallway that leads directly into the laundry room. The basement offers bonus space for a home gym, storage, or flex space. Additional features include an oversized 2-car garage with room for storage, extra-wide driveway for ample parking, 30-year architectural roof (only 10 years old), updated HVAC system replaced in 2020, and much more! All of this, just minutes from shopping, dining, top-rated schools, and I-75 access. This home is a rare opportunity to own a peaceful retreat that doesn't sacrifice convenience a true gem you won't want to miss!
Source: FMLS #7558896
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7558896
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.
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.
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.
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.
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.
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.
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.