5429 THE VYNE AVE, Atlanta, GA 30349
WELCOME HOME! Your new home is waiting for you in the highly sought Union Crossing Community. As you enter this brick-front, well maintained home you are greeted by your 2 story foyer w/catwalk. Your large open dining room is the perfect place to enjoy delicious meals. Continuing into the home the 2 story great room with gas fireplace welcomes you in. The newly renovated, eat-in kitchen is a chefs dream and features stainless appliances, quartz countertops, porcelain floors and breakfast bar. Your primary suite is located on the main floor and features a double vanity, soaking tub, separate shower, water closet and walk-in closet. Rounding out the first floor are a powder room, laundry room, pantry and plenty of closets. As you ascend the stairs to the second floor you come upon 2 bedrooms to your left with a shared bathroom(Jack & Jill). As you walk across the catwalk you enter a third bedroom with its own private bath and walk-in closet. In your backyard you can relax on your rear patio and enjoy the privacy the backyard offers. The community offers a clubhouse, pool, tennis, pavilion & BBQ area. Your commute is easy with a 10 min. drive to I285 & I85. How about a 20 min. drive to Downtown Atlanta? And a less than 15 min. drive to Atlanta Hartsfield International Airport. Come see what this home and community have to offer and make it yours. SELLER OFFERING INTEREST RATE BUYDOWN WITH APPROVED LENDER ON AN ACCEPTABLE OFFER, ASK FOR DETAILS!!!
You may be able to put down less than the total down payment amount of $253,751 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7411576