4995 Roxton Ln, Douglasville, GA 30135
4 beds · 3 baths · 2,128 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled on a grand corner lot, this charming home greets you with new carpet, fresh paint, and durable LVP flooring. The cozy upper-level living space features a gas starter fireplace and vaulted ceilings, perfect for relaxing evenings. The split-bedroom layout ensures privacy, with two bedrooms and a full bath on one side. On the other side, the master suite boasts a tray ceiling, garden tub, double vanity, separate shower, and a generous walk-in closet. The gallery-style kitchen offers a pass-through window, leads out to a patio deck and connects to a separate dining room. The lower level of the home includes an additional bedroom, a convenient walk-in laundry room, a full bath, and two sizeable bonus rooms that can serve as an office, game room, or extra bedrooms. Completing this versatile home is a large, side-entry two-car basement garage, ideal for parking or easily transformed into an entertainment hub for gatherings. It can also serve as a creative music or art studio, offering endless possibilities! The extended driveway accommodates four additional parking spaces, and with its flexible layout, this home is ready to adapt to your lifestyle! The quiet, walkable community offers a playground, swimming pool, and tennis courts, with easy access to nearby shopping, parks, restaurants, and recreation—everything you need just minutes away! Seller is offering Home Warranty! BACK ON THE MARKET at no fault of the seller, PRICED TO SELL and providing a fresh opportunity for interested buyers!
Source: FMLS #7447483
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7447483
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.