624 Champions Dr, Mcdonough, GA 30253
6 beds · 4 baths · 6,500 sqft
Unbelievable find in Eagle's Landing Country Club, a gated golf course community located 5 minutes from I-75, shopping, medical facilities, schools and more. This exquisite custom built ranch style home on full finished terrace level is situated on a golf course lot. The construction of this home is unbelievable with the quality of construction you typically see in commercial buildings which includes steel framing. From the moment you arrive in the circular driveway, this home invites you in. The main level is open and airy. The castlegate front doors open into a lovely entry foyer which opens into a formal dining room. The 2 story great room overlooks the lushly landscaped rear yard. A recently updated kitchen has ample custom crafted cabinets and counter tops. A walk in pantry large enough for a 2nd refrigerator services the kitchen. The kitchen opens to a breakfast area. The split bedroom plan offers 3 bedrooms on the main level. The master suite is amazing with trey ceiling with cove lighting. The master opens onto a screened porch. The spa type master bathroom has dual vanities, jetted tub and separate shower. An amazing walk in custom closet is huge and offers built ins. The additional two bedrooms are serviced by a full jack n jill styled bathroom. A powder room is also located on the main level. The terrace level is finished with the same finishes as the main level and is a true extension of the 1st floor. The terrace level is finished with a family room with fireplace, 2 additional master suites, another bedroom, 2 full bathrooms, exercise room and much more. The exterior is lushly landscaped and is serviced by an in-ground irrigation system. A total 4 car garage (3 on main level and 1 on lower level) provides ample parking options. Interior features include wood flooring, lovely trim work, high soaring ceilings and much more. The possibilities abound in this lovely home from every day family life to entertaining to multi generational living and more. A membership to Eagle's Landing Country Club is available.
Source: GAMLS #10413915
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10413915
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: #10413915
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