60 Castlemoor Loop, Adairsville, GA 30103
3 beds · 2 baths · 1,916 sqft sqft
$5,000 TOWARDS BUYERS CLOSING COSTS FOR ACCEPTED OFFER BY 11/15! 100% USDA FINANCING AVAILABLE *OR* QUALIFIED FIRST TIME HOME BUYER MAY BE ELIGIBLE FOR $6500 GRANT W/FHA FINANCING! This better than new, well-maintained, craftsman style 2-story home offers an abundance of space and lends itself to low-maintenance living. From the elegant foyer entrance, travel down the hallway to your spacious kitchen where you'll find plenty of cabinet space, gorgeous granite counter tops and tile backsplash with an open view to the fireside family room and easy access to grilling patio. Powder room is conveniently located on the main floor, perfect for your guests. Upstairs, the master suite is very accommodating with an ensuite bath with double vanities, tub/shower, and a large walk-in closet. Also located on upper floor you'll find two spacious bedrooms each with walk-in closets. You'll also find another roomy bathroom, and a designated laundry space on the second level. Last of all, for the minimal cost of $250 per year you can enjoy the community clubhouse, pool and playground! Such a peaceful and quiet area. This home offers the perfect blend of comfort for you to call home OR could serve as a standout investment with no rental restrictions! Swim Community with clubhouse. Be sure to click on the 3D virtual tour so you can "walk" through the house. Be sure to click on the 3D virtual tour to "walk" through this perfect home!
Source: GAMLS #10408762
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10408762
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: #10408762
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.