401 Amicalola Trce, Jonesboro, GA 30236
3 beds · 2 baths · 2,409 sqft sqft
Don't miss out on this quiet excellence at an address to be envied. The beautiful Falling Waters Community has everything for the good life including a pool, clubhouse & playground. You will feel warm and welcome in this captivatingly beautiful ranch home on a large corner lot. Upon entry the open foyer showcases the formal dining area while transitioning into a formal living room with a beautiful chandelier. The spacious living room and family room are separated by a floor to ceiling fireplace with dual view. Enjoy family meals in the large sun filled chef's kitchen with island that opens into the family room. You will sleep soundly in the lavish private primary suite and luxuriate in the spa like primary bath with oversized shower. The laundry room on the main level will include the washer and dryer. Located off I-75 & Hwy 138 and just 20 minutes to Hartsfield Jackson Atlanta International airport and minutes away from shopping & Top-Rated schools, this community has it all. Southern Regional Medical Center is conveniently located only 20 mins away. Looking for a fun night out? Look no further with less than a 30-minute drive to downtown. Family fun adventures nearby include Six Flags over Georgia, Zoo Atlanta, Georgia Aquarium and more. The perfect night out downtown may include rooftop bars, elegant restaurants & entertainment venues. Find local outdoor activity at the Clayton County International Park which offers 200 + acres of fishing lakes along with swimming, water slides, gym and walking trails. Don't miss your opportunity to live in a home of unparalleled design in a community of unsurpassed beauty set in harmony with nature!
Source: GAMLS #10393144
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10393144
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: #10393144