502 Huntgate Rd, Woodstock, GA 30189
4 beds · 2 baths · 1,958 sqft
Back on the Market after family emergency!! Welcome to this beautifully updated home in the highly sought-after Wyngate subdivision. Located at the top of a quiet cul-de-sac, this property offers both privacy and a wonderful community with fantastic neighbors. Upon entering, you will be greeted by a spacious and bright main floor featuring hardwood floors throughout, along with a stunning stone fireplace as the focal point of the living area. The main also features a flex space that is currently used as a gym/office but could also be a dining room or formal living room. The large kitchen and all bathrooms have been elegantly upgraded with gorgeous granite countertops and soft-close black cabinetry. The fully fenced yard is a blank canvas for outdoor entertaining or relaxing, with a partially wooded area providing added privacy and a serene landscape. ThereCOs plenty of space for kids to play or for you to create your own backyard oasis. Upstairs, you'll find three well-sized bedrooms and a large bonus room perfect for a home office or playroom. The master suite is a true retreat, offering an inviting master bath with raised vanities, a large corner soaking tub, and a double walk-in showerCoideal for unwinding after a long day. Wyngate is known for its excellent amenities, including two community pools (complete with a swim team), numerous tennis courts, playgrounds, basketball courts, and a full calendar of community events throughout the year. DonCOt miss the opportunity to make this home yours!
Source: GAMLS #10415805
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10415805
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.
How can you find assumable mortgage listings?
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?
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.
MLS ID: #10415805
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.