630 Canal St, Jefferson, GA 30549
5 beds · 3 baths · 3,035 sqft sqft
MOVE-IN READY, BETTER THAN NEW, EXTREMELY WELL CARED FOR. OPEN, LIGHT, BRIGHT AND SPACIOUS! Welcome to this magnificent two-story home that shows like new, only better! The updated flooring on the main level and new light fixtures/ceiling fans in ALL bedrooms are just some of the upgrades made by the current owners. Upon entry, you will be ushered into the open main level that is perfect for entertainment. The dining room flows into an oversized living space which leads to the eat- in kitchen. TOP QUALITY STAINLESS APPLIANCES in the kitchen including a built-in microwave, electric oven/range, and dishwasher are complimented by white cabinets and GRANITE counter tops. The first floor is rounded off with a full bathroom and guest room just off the two-car garage. Upstairs you will find an AMAZING LIVING SPACE including a LARGE DEN, A HUGE MASTER SUITE with ENSUITE BATHROOM, 3 LARGE BEDROOMS AND A FULL BATHROOM. Additional to the bedrooms the laundry room is also located upstairs for convenient access. All 3 bathrooms in the home have granite counter tops and white cabinetry. This home is situated in a quiet cul-de-sac offering privacy and safety for the whole family. Located in the JACKSON COUNTY SCHOOL SYSTEM, 'This is a rare opportunity to purchase a home with an 3.7% interest rate. Assume this FHA loan and save thousands annually'
Source: GAMLS #10330741
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10330741
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: #10330741
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.