5945 WINDSORCREEK DR, Douglasville, GA 30135
Welcome to your dream home, where outdoor splendor meets unparalleled comfort! This stunning ranch-style residence features a stone entry that opens into an impressive wide foyer, setting the tone for the elegance found throughout. Enjoy an open floor plan with architectural details and an abundance of natural light, perfect for creating a warm and inviting atmosphere. The formal dining room is ideal for hosting dinner parties and family gatherings. The large kitchen, equipped with an island, desk area, and ample storage, makes cooking and meal prep a delight. Both the breakfast room and sunroom overlook a fantastic fenced-in backyard, providing the perfect spots for morning coffee or evening relaxation. Step outside to an amazing deck featuring easy-maintenance ChoiceDek with a three-level design, including a lower level with stunning stone paver detail. The home also boasts new landscaping and curbing trim, adding to its charm. The spacious master bedroom includes a trey ceiling and a cozy sitting room, offering a private retreat within the home. The luxurious master bath features his and her sinks, along with his and her walk-in closets, ensuring ample storage and convenience. The tremendous basement is partially finished, studded and framed out with electrical and plumbing in place, ready for a bathroom and kitchen. All the materials needed to complete this space are included, offering endless possibilities for customization and expansion. Located in a great community in Douglas County and conveniently close to I-20, this home offers the perfect blend of tranquility and accessibility. Don't miss out on this incredible opportunity to own a piece of paradise! Lender Incentive of $2,500 with Southeast Mortgage
You may be able to put down less than the total down payment amount of $190,594 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: #10336858
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.