3015 Gold Creek Dr, Villa Rica, GA 30180
5 beds · 4 baths · 5,039 sqft
WELCOME TO YOUR SUMMER OASIS inside the esteemed Mirror Lake Community, where you can see the care and pride of ownership evident in every corner. This stunning home comprises 5 bedrooms and 4.5 bathrooms, nestled on a professionally landscaped cul-de-sac lot. Prepare to be captivated by this residence and the beautiful greens that accent the community. The main level of the home presents an open floor plan that is ideal for contemporary and cozy living. The spacious family room, featuring a gas fireplace, seamlessly connects to the exceptional kitchen that is every chef's dream. Discover granite countertops, Samsung stainless steel appliance suite that includes a double wall oven, microwave, refrigerator w/ touch screen monitor, an electric cooktop (down draft and gas line available for easy conversion), a 6-foot island, walk-in pantry, and a 54-pull kitchen (cabinet doors and drawers). Additionally, the main level encompasses a guest suite with a full bathroom, a flex room, breakfast nook, formal dining room and real hardwood flooring. Upstairs, the primary suite offers a generous and tranquil sanctuary with two walk-in closets. The recently renovated primary bathroom is remarkable, showcasing luxurious finishes that include wall to wall porcelain and ceramic floor tiling, a stand-alone tub and 4 x 4 ft. walk in shower. The finished basement provides adaptable space for entertainment, a home gym, or human cavern to get away. This level also features epoxy floors, a half bath, additional wall shelving and an unfinished room that could be completed for an additional bedroom or storage space. The backyard is professionally landscaped and includes a heated 36 x 18 salt water, an outdoor shower and an enclosed back deck that is perfect for year-round outdoor relaxation. As an additional perk, this home has over $150k in improvements and upgrades for luxury and energy efficiency, which includes a whole house Generac generator that serves as a backup in the event of a power outage. The Mirror Lake Community offers an array of recreational amenities, including golf, swimming, pickle ball, and community events. This home is a genuine treasure, uniting comfort and elegance. The only thing that is missing is you. Schedule your showing today!
Source: GAMLS #10483179
Financials
Source: Public records
Source: GAMLS #10483179
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.