Limited time: Pay only $1,000 to assume a low rate mortgage when you sign a purchase contract between 12/11/24 and 1/10/25 *
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4057 Briarglade Way, Atlanta, GA 30340

4 beds · 4 baths · 2,984 sqft

Welcome to your beautiful updated home with a gorgeous pool nestled in a friendly gem of a neighborhood. As you pull up you will notice the gorgeous landscaping & perfect lawn. It could just be the prettiest lot on the street! Step inside the foyer to see the living room with brick fireplace & French doors opening on to the deck. The separate dining room has plenty of room for family gatherings while an extra room off the kitchen allows ample space for another living/dining/office - So many possibilities! The heart of the home is the eat-in kitchen with granite counter tops , pantry & stainless steel appliances. The lovely bay window allows so much natural light to stream into the breakfast room. Don't forget to check out the powder room and mud room off the garage too! Awaiting you upstairs is the spacious master suite complete with walk in closet & updated on suite bathroom. There are three other generous sized bedrooms with a second full bathroom on this level. Don't worry about going up or down stairs with laundry in this home. It's conveniently located in the upstairs hallway! Head down to the finished basement to view the large recreation room, office and a 2nd powder room. We left the best for last - Please step outside to imagine unwinding on your custom brazilian wood deck overlooking your backyard Oasis. What a lovely peaceful spot to enjoy morning coffee or an evening cocktail. The pool is the focal point & as well as being simply lovely to view, it has a new filter/power box/polaris & pump! There is premium landcape lighting nestled amidst the lush landcaping. The Gazebo & firepit area will be sure to catch your eye, as well as the many beautiful plants & trees everywhere. Oh & don't forget the premium Zeon Zoysia sod - it feels wonderful on your feet and is so low maintenance. This wonderful home is located in the Lakeside HS school district. Henderson Park with hiking trails, tennis courts, & playground is close by, as well as wonderful restaurants & shops. Enjoy the convenience of a short drive to 285, 85, the CDC, CHOA & Emory. You will not want to miss this entertainer's paradise!

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
2,984 sqft
Lot size
0.4 acres
Year built
1979
Type
Single Family Residence

Source: FMLS #7439614

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

View all FAQs
Last updated: Oct 29, 2024 12:00 pm
Listing agent: Annette Coker (404) 309-0504
Listing provided courtesy of: Bolst, Inc. (404) 482-2293
Details provided by FMLS and may not match the public record.
MLS ID: #7439614
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.