5511 E Stoneway Ct, Villa Rica, GA 30180
4 beds · 3 baths · 2,379 sqft
This stunning 4-bedroom, 2.5-bathroom home with brand new 25 year roof is nestled on an expansive cul-de-sac lot in a highly sought-after neighborhood brimming with amenities. The open floor plan creates a seamless flow between spaces, perfect for both entertaining and everyday living. Large windows throughout the home flood each room with natural light, enhancing the warm and welcoming atmosphere.The gourmet kitchen, a true centerpiece of the home, features a spacious island, upgraded cabinetry, and stainless steel appliances. With a clear view into the cozy keeping room, it's a perfect space for preparing meals while staying connected with family and guests. The adjacent great room is anchored by a striking brick fireplace, serving as a focal point for gatherings and cozy evenings. For more formal occasions, the separate dining room offers an elegant setting for dinner parties or family meals.The main level also includes the expansive primary suite, a private retreat offering ample space and comfort. The ensuite bathroom is a luxurious escape, complete with a soaking tub, a separate glass-enclosed shower, double sinks, and a large walk-in closet. Upstairs, you'll find three generously-sized secondary bedrooms, each offering plenty of closet space and sharing a well-appointed full bath in the hallway.Outdoor living is a true delight with a large deck that overlooks the flat, wooded backyard, providing an ideal spot for relaxing, dining, or entertaining. The privacy of the cul-de-sac lot adds to the peaceful ambiance, making this home a perfect sanctuary and the new Generac generator adds peace of mind for unpredictable circumstances.Beyond the home, the neighborhood offers an abundance of amenities that cater to a variety of interests. Residents can enjoy two pools, a well-maintained golf course, and access to a scenic lake for fishing or kayaking. The community also boasts on-site dining options and tennis courts, providing endless opportunities for recreation and socializing.This home blends comfort, style, and convenience, offering a perfect setting for family life and entertaining. Dont miss the opportunity to make this exceptional property your new home!
Source: FMLS #7443108
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7443108
Source: Public records
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: #7443108
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