5195 Forest Mist Dr SE, Smyrna, GA 30082
3 beds · 2 baths · 2,196 sqft
Nestled in a quiet, tranquil cul-de-sac, this meticulously updated residence boasts an open floor plan with vaulted ceilings and is full of natural light. The chef's paradise has been transformed with granite countertops, a stylish backsplash, a new sink, and stainless steel appliances. The eat in kitchen is surrounded by windows looking out to the deck. Cozy up in the great room in front of the fireplace complete with gas starter and built in bookshelves. If you like to entertain, this open floor plan flows seamlessly with the kitchen overlooking the breakfast bar to the family room near the dining room. Escape to your private sanctuary in the master bedroom oasis, complete with a sliding glass door opening to a serene private deck. Unwind in luxury in master bathroom retreat featuring custom renovations. Start your day or unwind with a relaxing and serene waterfall shower. Custom cabinetry with pull out shelves plus additional shelving in the walk-in closet perfect for ultimate organization. Two additional bedrooms upstairs. A storage room and walk-in laundry room will make chores a breeze. Gleaming hardwoods in the family room, kitchen, dining room and hall. Revel in the outdoors with a spacious fenced in backyard, perfect for entertaining, play, and relaxation. Additional parking on the driveway along the attached 2 car garage. Located in the heart of Smyrna, this home is just minutes from the vibrant energy of the Battery and Truist Park, providing easy access to shopping, dining, and entertainment. Enjoy the convenience of being a short distance from King Springs Elementary and Griffin Middle Schools, Silver Comet trail and North Cooper Lake Park. This community offers convenient access to interstates, restaurants, shopping and airport.
Source: FMLS #10267452
Source: FMLS #10267452
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: #10267452
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.