3210 Ancoats St, Douglasville, GA 30135
5 beds · 3 baths · 2,777 sqft sqft
This stunning 5-bedroom, 3-bathroom Craftsman style home at 3210 Ancoats Dr, Douglasville, GA, offers an inviting blend of elegance and comfort on top of EarthCraft construction. Relax on the spacious covered front porch before stepping inside to find a beautifully designed space, perfect for both comfort living and entertaining. The first floor features a guest bedroom with full bathroom access, a formal dining room with a coffered ceiling for festive gatherings which is currently their game room, and an open-concept living area. The kitchen is a chef's delight with granite countertops, an island, stainless-steel appliances, and a walk-in pantry. Cozy up in the family room by the fireplace, or retreat to the peaceful, level backyard, complete with a pergola, extended covered patio, privacy fence, and multiple fruit trees. Upstairs, the luxurious owner's suite boasts a double vanity, separate tub and shower, and a spacious walk-in closet, while a versatile loft provides space for a gym, office, or play area. The Tributary Community offers endless amenities, including pools, tennis courts, parks, a clubhouse, and a fitness center, multiple wellness trails. Act quickly?schedule your appointment today and take the first step toward making this dream home yours!
Source: FMLS #7486320
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7486320
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #7486320
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.