342 Mountain Laurel Walk, Canton, GA 30114
4 beds · 3 baths · 2,973 sqft sqft
Welcome to Great Sky and Resort style living! This 4 bedroom 2.5 bath home has it all! As you walk thru the front door, you're greeted to the dining room. You'll love the office on the main level with French doors. The spacious family room opens up to the beautiful eat in kitchen. The back yard is fenced in and features a deck perfect for those fall nights cooking out on the grill. Upstairs you'll find all 4 bedrooms and 2 full baths. As you walk up the stairs, you'll appreciate having a HUGE loft space that can be used as a play room, additional office space, gym or sitting room. The over sized master features a separate tub/shower, double vanity and large walk in closet. Need more space? This home features a large, unfinished, daylight basement with windows and French doors leading to the back yard. Great Sky is the premier community in Cherokee county featuring a beautiful clubhouse, triple pool waterpark with slide, 8 tennis courts, 4 pickleball courts, basketball court, playground, Hickory log creek reservoir for fishing and miles of walking trails. The community is conveniently located within just a few miles of wonderful Cherokee county schools and just minutes from the brand new, state of the art Cherokee High School set to open in August of 2026. Need more? Seller is offering up to $5,000.00 in closing costs/rate buy down costs to the buyer with an acceptable offer that closes by 12/31/24! Contact preferred lender Johanna Witten @ 202-464-2602 for 2/1 BUY DOWN option!
Source: GAMLS #10413648
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10413648
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: #10413648
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