365 Colleen Ln, Jesup, GA 31545
3 beds · - baths · sqft
** Back on The Market-No Fault of Seller**Charming Countryside Retreat on 10 Acres with Horse Barn/Pasture, 2 Ponds, RV Hookup/Storage, and More!** This beautifully maintained 2,200 square-foot home is a true gem, offering a perfect blend of comfort and rural tranquility. Featuring a timeless cedar exterior in fantastic condition, the home boasts newer carpeting, tile flooring, and New LVP flooring in one bedroom. With 3 spacious bedrooms and 2 well-appointed bathrooms, there's plenty of room for everyone. The large sunroom is a bright and welcoming space with views of the entire property, while the dramatic floor-to-ceiling stone fireplace in the living room serves as a stunning focal point. Enjoy outdoor living on the screened-in cooking area and large deck that overlooks the property-perfect for relaxing or entertaining. Recent updates include roof, fencing, and deck, all about 6 years old. The A/C unit is 5 years old, and the water heater was replaced in 2020, ensuring peace of mind for years to come. The extensive 10-acre property offers endless possibilities. Fruit lovers will delight in the pecan, pear, and apple trees scattered throughout the property, while the two ponds at the rear of the property add to the natural beauty. Horse enthusiasts will appreciate the 3-stall horse barn with a tack room and new electrical, as well as two large fenced areas, ideal for horses or goats. Additionally, there are 3 outbuildings for trailer storage, hay, and miscellaneous items. This property is a haven for those seeking space, privacy, and a chance to embrace the rural lifestyle. It's conveniently located just 1/2 mile from a state-operated and maintained boat landing on the Altamaha River-perfect for boating and outdoor adventures. Whether you're looking for a peaceful country retreat or a place to start your dream homestead, this property has it all. Schedule your showing today!
Source: GAMLS #10419655
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10419655
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: #10419655
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.