5987 Westchase St, Atlanta, GA 30336
3 beds · 3 baths · 1,772 sqft
Welcome to your dream home! Nestled in one of the most sought-after Camp Creek neighborhoods, this home is where location meets comfort, style and quality.Located in the WESTLAKE & Sand Town School district, this Camp Creek home is in EXCELLENT condition under 330k! Under 10 minutes from Atlanta Hartsfield Airport and all of the shopping and amenities that the Camp Creek Area has to offer! This home boast a beautiful front porch for relaxation and fresh air, newly installed hardwood floors, spacious main living area, 3 spacious bedrooms, 2.5 bathrooms, Large Primary suite closet, and a large loft Ideal for a home office, content creating, playroom, or additional living space. The cozy backyard offers a manageable outdoor space perfect for intimate gatherings and low-maintenance living. This home is perfect for those seeking a serene environment without compromising on location, school district and convenience. Come and experience the perfect combination of elegance and practicality in a vibrant community. Schedule your tour today! Home warranty will be provided to the new buyer.
Source: FMLS #7404017
Source: FMLS #7404017
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: #7404017
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.