3220 Warren Creek Dr, Powder Springs, GA 30127
6 beds · 4 baths · 4,796 sqft
Your dream home, Nestled in a peaceful neighborhood! This stunning home offers the perfect mix of elegance, space, and modern convenience. Just minutes from top restaurants, parks, and shopping, plus easy access to downtown Powder Springs and the Silver Comet Trail, you'll love the location! Step inside to beautiful hardwood floors and an open-concept layout designed for entertaining. The kitchen is a chef's dream, featuring new granite countertops, stainless steel appliances, a farm sink, and a breakfast bar. All stainless-steel appliances stay, and so does the washer and dryer. The family room, with a cozy fireplace and bay windows, is perfect for gatherings. Main level bedroom w full bathroom, office, and separate dining or den area, and access to a screened-in deck complete the main level. Upstairs, a catwalk overlooks the foyer area leading to four spacious bedrooms, with walk-in closets. The oversized owner's suite boasts a spa-like bath with a separate tub, shower, and double vanity. A laundry room adds extra convenience. The fully finished basement offers a bedroom, full bath, storage space, living room and a theater room plus also a built-in bar, making it ideal for entertainment. Enjoy outdoor living in the fenced-in backyard, A shed equipped with electricity for additional living space. Take advantage of an installed water sprinkler system to keep your lawn beautiful and the two-car garage. Ceiling fans throughout, this home is as functional as it is beautiful. Don't miss this incredible opportunity-schedule a viewing today!
Source: FMLS #7553171
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7553171
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.