3091 MILLEDGE GATE CT SE, Marietta, GA 30067
Welcome to this beautifully landscaped and well maintained home inside Wheeler High School district! This 3 sided brick beauty sits on a level lot inside the HOA subdivision of Belmont Point. With hardwoods and plantation shutters throughout the main level, the details are impeccable. You will enjoy the openness of the kitchen and living area with granite countertops, stainless steel appliances and ample space for large family meals. Enjoy the custom shelving/beverage area off of the breakfast area that overlooks the back deck. The heart of this home is its spacious living area, where natural light dances through large windows, illuminating every corner with a welcoming glow. Imagine cozy evenings by the fireplace or lively gatherings with loved ones in this inviting space. Kudos to this homeowner, who has created a private and serene outdoor atmosphere perfect for grilling out and entertaining. The master suite leaves nothing spared with its large garden tub, separate stand up shower, dual vanities and walk in closets. Three additional bedrooms are upstairs with even more custom bookshelves to display family photos or hundreds of books. Conveniently located near top-rated schools, shopping, dining, and recreation, this home offers the perfect blend of comfort, convenience, and style. Don't miss your chance to make this exquisite residence your own Co schedule a showing today and experience the beauty and elegance of traditional living at its finest!
You may be able to put down less than the total down payment amount of $194,988 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #10290913