616 Hydrangea Ln, Bremen, GA 30110
4 beds · 2 baths · 2,480 sqft
Welcome home to the most beautiful property on the quietly nestled Creekside Magnolia Subdivision. Escape the hustle and bustle of the city and enjoy the quiet life in Bremen, Ga. Even better, come live in the best subdivision with sidewalks and friendly neighbors! This beautiful home has been immaculately cared for by its owner. Enjoy the semi-open floor plan with a large kitchen over looking the family room. This floor plan is perfect for entertaining with family and friends and enjoying meals together. The backyard offers built-in privacy with beautiful trees and foliage. All the bedrooms are spacious with good size closet spaces. Relax in the largest bedroom, the spacious master, and a his hers master bath. This community offers many amenities including swim and tennis, a playground and clubhouse. You can always find something to do right in your own community! This subdivision is only minutes from the interstate when you choose to venture out! And here's the bonus! A full basement, an open canvas, already stubbed for bath, and ready for you to bring to life with your own style. Enjoy the community pool, fitness center, tennis courts, and club house! Welcome to the good life! Bonus - seller's loan is assumable!
Source: FMLS #7332318
Source: FMLS #7332318
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: #7332318
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.