360 Fairway Cir, Monroe, GA 30656
5 beds · 3 baths · 5,165 sqft
Stunning Home with Two Kitchens and Private Basement. Come home to the sought after Providence Golf Club Community. This spacious home features dark hardwood floors throughout the main level. Enjoy the newly renovated kitchen, complete with custom cabinets, soft-close features, and numerous additional custom touches. The kitchen boasts brand-new stainless steel appliances, including a double oven, double dishwasher, Thermador gas range, and a wine cooler. The eat-in kitchen offers a view into the family room, which features a striking stacked stone fireplace and direct access to the deck. The large dining room, with updated lighting, flows seamlessly into the living room, characterized by its high cathedral ceilings. Down the hall, you'll find a convenient half bath with a new vanity and toilet, as well as a laundry room right off the garage entrance. The expansive master bedroom includes a private exit to the deck and a barn door entrance to the ensuite bathroom, which offers two separate vanities, a shower, and a whirlpool soaking tub, along with a large walk-in closet. Upstairs, two well-sized bedrooms share a Jack-and-Jill bathroom, while a third bedroom features an additional room accessible via a short staircase. This flexible space can be used as an office, playroom, or extra bedroom. The basement is truly exceptional, with high ceilings, columns, and crown molding, making it feel like an extension of the main living areas. It includes a fully functional kitchen, eat-in area, large living room, and sitting area. The basement suite features a full bathroom with shower, vanity, and walk-in closet. Additional rooms in the basement are perfect for storage or a workshop. Step outside to the new rainproof covered patio from the basement. The freshly painted large deck overlooks a fenced yard with a fire pit and a view of the golf course. This home comes equipped with two new HVAC systems and Nest thermostats, a new hot water tank, a full sprinkler system, new garage door and a transferable Choice Home Warranty. With ample storage space on every floor. Schedule your showing and visit the community including tennis courts, pickleball courts, playground , restaurants and more. This home is ready for you to make it your own.
Source: FMLS #7448268
Source: FMLS #7448268
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: #7448268
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.