310 Mulberry Manor Ct, Alpharetta, GA 30005
4 beds · 3 baths · 2,224 sqft
Looking for Sun-filled home in Johns Creek? This is it! Great schools, great location: Located just minutes from GA-400 and 141, near shopping, stores, dining and trails. This 2 story house features beautiful flooring (Tile/hardwood/LVT), 4 bedrooms upstairs with oversized primary bedroom, Separate dining room, Living room open to the spacious fireside family room, Spacious kitchen with Upgraded stainless steel kitchen appliances, Large deck with fenced backyard (cleared lot), New Paint, Newer HVAC & New Garage door opener. Looking for Great outdoor? You are near Caney Creek Preserve, Big Creek Greenway, Webb Bridge Park, Ocee Park, Chattahoochee Dog Park, to mention just a few! Also close to The Golf Club of Georgia, Emory Johns Creek Hospital, this home offers unparalleled convenience. The community is served by excellent schools: Lake Windward Elementary, Taylor Road Middle, and Chattahoochee High School. As part of the Caney Creek Recreational Association, residents enjoy shared amenities with the Highland Park subdivision, including a clubhouse, swimming pool, tennis courts (with both men's and women's USTA and ALTA leagues), playground, basketball courts, and open areas. There are 2 mandatory annual HOA due in March, $105 for the Concord Hall ( for common areas) and $450 for the Caney Creek Recreation Association (for All the Amenities). *HOUSE IS FACING EAST- NE* Rentals are NOT Allowed. * SHOWINGS WILL START SATURDAY 3/22/2025
Source: FMLS #7538397
Source: FMLS #7538397
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.