365 Falling Timber Ct, Stockbridge, GA 30281
3 beds · 3 baths · 2,114 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this spacious and well-maintained 3-bedroom, 2.5-bathroom single-family home nestled in one of Stockbridge’s most sought-after neighborhoods. Featuring a full unfinished basement, this home offers endless possibilities for customization and future expansion. Step inside to find a warm and inviting interior with a mix of vinyl flooring and plush carpeting throughout. The open-concept eat-in kitchen is equipped with stainless steel appliances and flows seamlessly into the cozy family room—perfect for entertaining guests or enjoying time with loved ones. The master suite is conveniently located on the main floor and includes a spa-style bathroom with double vanity sinks and an oversized walk-in closet to meet all your storage needs. Upstairs, a massive bonus room with a separate entrance offers incredible flexibility—ideal as a home office, guest suite, media room, or fitness space. Additional highlights include two separate 2-car garages, providing ample room for vehicles, storage, or a workshop. The home is located in a quiet, non-HOA neighborhood that’s perfect for evening strolls, morning jogs, or walking your pets. The seller is offering a carpet and paint allowance, giving you the opportunity to personalize the home to your taste. Very motivated and ready to make a deal—bring all your offers! Don’t miss out on this gem—it won’t last long.
Source: FMLS #7559464
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7559464
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 and Equal Opportunity Act.