6037 Hemperly Rd, Atlanta, GA 30349
4 beds · 3 baths · 2,110 sqft
Get a free consultation call with an expert in the mortgage assumption process.
****** MOTIVATED SELLER ****** Welcome to this charming and inviting 4-Bedroom 2.5-Bathroom property nestled in a desirable neighborhood. As you approach the home, you're greeted by a well-manicured lawn, lush greenery, and a cozy porch that beckons you to sit and admire the peaceful surroundings. The exterior of the home exudes a warm and inviting aesthetic, with a harmonious blend of siding materials and a well-maintained roof that promises protection from the elements. Upon entering the home, you're immediately struck by the sense of spaciousness and natural light that fills the interior. The open floor plan allows for seamless flow between the living areas, creating a wonderful atmosphere for entertaining or relaxing. HVAC system replaced in 2021, new roof as of 2022, water heater tank replaced in 2023, and new vinyl flooring in the family and dining room in 2022. ***** The washer and dryer, dining room table and chairs, and the two-piece china cabinet (without the contents inside) will be staying with the property. Also, outdoor furniture will remain with the property. *****
Source: GAMLS #10399291
Source: GAMLS #10399291
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.