509 Youngs Mill Rd, Lagrange, GA 30241
3 beds · 2 baths · 2,252 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your charming retreat just minutes from town! This older home exudes character and warmth, offering the perfect blend of cozy comfort and spacious living. Situated on a private acre of land, this residence boasts a brand new roof, ensuring peace of mind for years to come. Step inside and be greeted by the inviting ambiance of this delightful abode. The main floor features a generously sized living area, perfect for gathering with loved ones or simply relaxing after a long day. The adjacent kitchen is a chef's dream, with ample counter space and storage, making meal preparation a breeze. Venture down the hall to discover three bedrooms, providing plenty of space for family and guests. The master suite offers a tranquil retreat. Plus, a bonus room provides endless possibilities - whether you envision a home office, playroom, or cozy reading nook. Outside, the expansive yard offers endless opportunities for outdoor enjoyment. From peaceful evenings spent stargazing to lively gatherings with friends and family, this space is sure to be the heart of your home. With its ideal location just minutes from town, this property offers the perfect combination of privacy and convenience. Don't miss your chance to make this charming retreat your own!
Source: GAMLS #10382551
Source: GAMLS #10382551
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.