40 Zebulon Pl, Covington, GA 30016
3 beds · 2 baths · 1,538 sqft sqft
Welcome to your dream home in the picturesque community of Covington, GA! This inviting ranch-style residence, nestled in a serene cul-de-sac, offers a perfect combination of elegance and practicality for the discerning family. From the moment you step inside, you'll be greeted by the grandeur of soaring 15-foot ceilings, creating an airy and open atmosphere that is perfect for both relaxing and entertaining. The beautiful tile flooring throughout the common areas not only enhance the home's sophisticated charm but also ensures easy maintenance and durability. Each of the three spacious bedrooms is thoughtfully carpeted, providing a cozy retreat for restful nights. The two well-appointed bathrooms are designed with modern conveniences and stylish finishes, make daily routines a pleasure. Natural light pours into every room, thanks to the strategically placed windows that frame the picturesque views of your peaceful cul-da-sac setting. The abundance of natural light not only brightens up the space but also creates a warm and inviting ambiance that will make you feel right at home. Outside, you will find yourself in a delightful neighborhood that is just a stone's throw away from all the conveniences you could need. Enjoy the ease of having shopping, dining, and other amenities right down the street on Brown Bridge Road. This home isn't just a house; it is a sanctuary where you can build a lifetime of memories. The blend of it's elegant design, prime location, and welcoming atmosphere makes it the perfect place for your family to thrive. Welcome to your new beginning where comfort and convenience meet to create a truly perfect home.
Source: GAMLS #10382381
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10382381
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10382381