606 Payne Ln, Woodstock, GA 30188
5 beds · 2 baths · 3,040 sqft
$2,000 Buyer incentive for any accepted offer by November 5th! Home is priced to move! Don't believe me, come check it out yourself! Welcome to this STUNNING Craftsman Style Home near Downtown Woodstock! Not a detail missed within your new home! This fully finished 2-Story home is complete with more Upgrades than can be listed. It's a must see! This exquisite gem is nestled minutes to downtown Woodstock, 575, Walk to restaurants, seconds to Publix, Kroger, Outlet Shoppes, Costco + more! Offering more than a perfect blend of modern luxury and timeless elegance. From the well thought out design, to the beautifully thought out finishes, nothing has been missed. Key Features: Gourmet Kitchen: The heart of the home resides on the main level with a gourmet kitchen that will delight any chef. Outdoor Bliss: Enjoy the beauty of the outdoors on the quaint pergola with privacy screens an ideal spot for relaxation after a long day. The home is situated on a quiet cul-de-sac. Primary Suite Retreat: The primary suite on the upper level is a luxurious retreat, offering comfort and style. Perfect for unwinding after a long day. Don't miss the huge closet and more storage areas than majority of other 2-story homes. This home is perfect for those who want everything having its own place. Neighborhood is sought after full of events for all. From yearly Egg Hunts, and 4th of July Firework Displays to Meeting Santa and Halloween Parties - it's an amazing neighborhood to be a part of! This property is more than just a home; it's a statement. Don't miss the opportunity to make it yours. Schedule a showing today and step into your dream home!
Source: FMLS #7458367
Source: FMLS #7458367
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 30-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: #7458367
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.