4150 BIRCH SPRINGS CT, Cumming, GA 30028
**Location, Location!! In the Heart of Forsyth County!** This stunning 4-bedroom home, featuring a versatile loft that could serve as a potential 5th bedroom and 3.5 baths, is situated in a sought-after neighborhood. With a **10x20 covered porch** overlooking a beautifully landscaped backyard and a patio underneath, this home is perfect for both entertaining and relaxation. - **Main Level:** The open-concept design boasts a bright, gourmet kitchen with **upgraded cabinetry**, granite countertops, tile backsplash, and a gas cooktop, seamlessly flowing into the cozy breakfast nook and family room—ideal for gatherings or casual meals. - **Owner's Suite:** Located on the main floor, the master bedroom features **trey ceilings** and a spacious master bath with double vanities, a soaking tub, and a walk-in shower. - **Upper Level:** The second floor includes 3 generously sized bedrooms, each with access to 2 full baths, and a flexible **loft area** that can easily be converted into a 5th bedroom. - **Basement:** A large unfinished, daylight basement with both interior and exterior access offers endless possibilities. The space is **pre-wired and stubbed for plumbing**, ready for future expansion. - **Outdoor Space:** Enjoy quiet outdoor living on the covered porch or patio in the **serene landscaped backyard**, complete with an **irrigation system**. Located in the highly desirable **Poole's Mill Elementary, Liberty Middle, and West Forsyth High** school districts, this home is perfect for families. The neighborhood also offers **a resort-style pool, tennis courts, and playgrounds**. The home includes a **2-car garage**, and the **irrigation system** adds extra peace of mind. This is truly a must-see home!
You may be able to put down less than the total down payment amount of $271,957 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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: #7454442