3820 Roswell Rd NE # 616, Atlanta, GA 30342
2 beds · 2 baths · 1,270 sqft sqft
Incredible price and opportunity to own a very spacious 2 bedroom / 2 bathroom loft-style condominium at The View at Chastain in the coveted neighborhood of Chastain Park. This flexible, open floor plan boasts a pleasing balance of modern and traditional elements and has been recently updated with all new: HVAC, Rheem hot water heater, Cafe Refrigerator, GE washer/dryer, light fixtures, Kohler faucets, cabinet handles, door handles, renovated bathrooms with designer tile, frameless glass showers, new carpet in bedrooms and has been freshly painted. Enormous windows in all rooms allow for tons of natural sunlight, 12' ceilings and hardwood flooring throughout main living areas. The gourmet kitchen delights with plenty of counter top space, an oversized breakfast bar with seating area, gas cooking, Siematic cabinetry, Silestone counters, subway tiled back splash and nice size pantry. The kitchen flows seamlessly into the inviting living room / dining area and opens to the entertainers size balcony. Relax and unwind in the spacious primary suite with its own private entry to the balcony as well, walk-in closet and en-suite bathroom featuring a double vanity, oversized soaking tub, separate shower and linen closet. The 2nd bedroom offers generous closet space and bathroom directly across hall with a large shower. Two premium deeded parking spaces in a gated garage and close to the elevator are included. The View at Chastain is a full service building with 24-hour concierge and desirable amenities including the pool with cabanas, covered gas grilling area with kitchen prep station, top notch fitness center with saunas, resident clubroom and dog walk area. ***HOA includes all listed amenities along with gas, water and trash (each floor has a trash chute). The View at Chastain is conveniently located to top restaurants, tons of shopping and 3/4 mile to Chastain Park, with playgrounds, amphitheater, walking paths and 18-hole golf course.
Source: FMLS #7450557
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7450557
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: #7450557
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.