533 N Little Victoria Rd, Woodstock, GA 30189
2 beds · 1 baths · 934 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Motivated Seller: Look no further—here is your chance to own in The Victoria Cottages, which would be a great weekend getaway or a rental. It is totally renovated and within walking distance of the lake. This two-bedroom, one-bathroom home offers new flooring throughout, new lighting, new HVAC, and an all-new kitchen. The bathroom offers a soaking tub and shower with all-new Discover your opportunity to own a property in The Victoria Cottages, perfect for a weekend getaway or rental. This completely renovated two-bedroom, one-bathroom home is within walking distance of the lake. It features new flooring, updated lighting, a brand-new HVAC system, and a fully renovated kitchen. The bathroom offers a soaking tub and don’t miss out on this incredible opportunity to own a piece of paradise in The Victoria Cottages—a perfect retreat for weekends or a lucrative rental. This stunning two-bedroom, one-bathroom home has been fully renovated and is just a short stroll from the lake. Enjoy the fresh appeal of new flooring, modern lighting, and a state-of-the-art HVAC system. The kitchen is brand-new and ready for your culinary adventures. The bathroom is your spa., featuring a luxurious soaking tub and shower with all-new fixtures. Grab this chance to elevate your lifestyle! all with new fixtures and finishes. everything. There is a metal carport as well Closing Attorney to be Pacific Law per the seller, and also can be rented.
Source: FMLS #7511539
Source: FMLS #7511539
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.