5655 JAMERSON DR, Atlanta, GA 30349
Welcome to this stunning, completely renovated home in the desirable subdivision of Stonewall Manor, featuring 4 bedrooms, 2.5 bathrooms, and ample living space. The grand two-story foyer exudes elegance from the moment you step inside. The neutral color palette throughout the house is the perfect canvas for your personalized touches, making it easy to create a space that reflects your style. The heart of the home is the kitchen, featuring quartz countertops and stainless steel appliances , which seamlessly opens to an eat-in dining area and a lovely step-down family room. This design ensures that meal preparation and entertaining are both convenient and enjoyable. The family room is spacious, offering plenty of room for relaxation and gatherings. Retreat to the owners suite, a true sanctuary within the home. This expansive suite boasts a flowing layout with a generous sitting area, perfect for unwinding after a long day. The owners suite and bath is designed for comfort and luxury, providing a serene space to recharge. Located in a vibrant community with an abundance of amenities, this home is just a mere 10-minute ride from Hartsfield-Jackson International Airport. Whether you travel frequently or enjoy the convenience of being close to major transportation hubs, this location offers unparalleled accessibility. Combining sophistication, chic design, elegance and comfort, this property is an ideal choice for those seeking a beautiful home in a convenient, prime location. Don't miss out on this amazing opportunity!
You may be able to put down less than the total down payment amount of $212,319 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: #7418366