330 CAMPGROUND SCHOOL RD, Dallas, GA 30157
Seller may consider buyer concessions if made in an offer. Welcome to a brilliantly updated haven of comfort and sophistication that could be your next home. The heart of this stunning property showcases a warm and inviting fireplace, ideal for cozy evenings. Step outside and enjoy of your private patio, the perfect place to enjoy serene mornings. Walking into the primary bedroom, be awed by the spacious walk-in closet, offering an excellent storage solution. The primary bathroom does not disappoint either. It features double sinks, promising an ease of morning routines. You will appreciate the separate tub and shower, which provide cool relaxation after a long day. A major highlight of this home is the modern all-stainless-steel appliances; they add a touch of elegance and efficiency in your kitchen experiences. The home's neutral color paint scheme radiates a welcoming ambiance throughout. The fresh interior paint with the partial flooring replacement, adds an exquisite charm that'll make you fall in love instantly. This home does not just provide shelter, it offers a lifestyle. With luxury as a core element in its design and comfortable living as its end goal, you'll be proud to make this property your home.
You may be able to put down less than the total down payment amount of $138,306 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: #7375772