509 Park West Blvd, Athens, GA 30606
4 beds · 2 baths · 2,232 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Located in the highly desirable Jennings Mill Corners community in West Athens, GA, this stunning 4-bedroom, 2.5-bathroom home offers 2,232 square feet of modern living space, built in 2020. The welcoming exterior features classic craftsman-style details, a two-car garage, and a charming front porch. Step inside to an open-concept floor plan, where engineered hardwood floors flow throughout the main level. The gourmet kitchen is a chefs dream, featuring solid surface countertops, stainless steel appliances, ample cabinetry, a large island, and a spacious pantry. The family room, complete with a cozy fireplace, seamlessly connects to the dining area, creating the perfect space for entertaining. Upstairs, the oversized master suite is a true retreat, offering a spa-like ensuite bathroom with a soaking tub, dual vanities, a separate shower, and a generous walk-in closet. Three additional well-sized bedrooms provide versatility for family, guests, or a home office. The large, private backyard is fully fenced, ideal for outdoor gatherings, pets, or simply relaxing in a tranquil setting. This home is perfectly situated near Downtown Athens, one of Georgias most vibrant cities, known for its rich history, thriving arts scene, and dynamic culture. As home to the University of Georgia, Athens offers top-tier education, lively sports events including the legendary Georgia Bulldogs football and a strong sense of community. Enjoy world-class dining, eclectic shopping, live music venues.
Source: GAMLS #10458206
Source: GAMLS #10458206
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.