553 Oakside Pl, Acworth, GA 30102
3 beds · 2 baths · 1,540 sqft
Welcome to 553 Oakside Place in the sought-after neighborhood of Acworth, GA. This charming 3-bedroom, 2-bathroom home is perfect for those looking for comfort and convenience. The well-maintained property features an open floor plan, allowing for easy entertaining and plenty of natural light throughout the spacious living areas. The kitchen offers modern amenities, and generous counter space, perfect for the home chef. The primary bedroom serves as a peaceful retreat, complete with an ensuite bathroom, while the two additional bedrooms offer versatile space for family, guests, or a home office. Outside, you'll love the access to the community pool, a great place to relax and enjoy the warm Georgia summers. This home is ideally located just minutes from shopping, dining, and lake activities, making it a perfect blend of comfort and convenience. With quick access to major highways, your daily commute will be a breeze. Don't miss this opportunity to own a beautiful home in one of Acworth's most desirable areas!
Source: GAMLS #10395021
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10395021
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: #10395021
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.