637 Sunflower Dr, Canton, GA 30114
4 beds · 2 baths · 2,088 sqft
EXCITING NEWS! This home comes with an assumable FHA Loan at an unbeatable interest rate of 2.75%! Curious about how this benefits you? Just ask! And there's even more good news: the seller is willing to contribute to a rate buy-down for potential buyers with an amazing offer. This means you could secure an even lower interest rate and save thousands over the life of your loan. Don't miss out on this incredible opportunity! Discover the perfect blend of comfort and modern living in this inviting home located in the serene, family-friendly neighborhood of Park Village in Canton. This beautiful property features a spacious open floor plan, seamlessly connecting the living, dining, and kitchen areas-ideal for both entertaining and everyday living. The primary bedroom suite on the main floor offers convenience and privacy, while additional bedrooms upstairs provide ample space for family or guests. Quality finishes and practical touches cater to your lifestyle needs, and the charming front porch is perfect for peaceful moments. The yard offers great gardening opportunities, and the close-knit community provides a tranquil atmosphere for unwinding and enjoying quiet evenings. With easy access to both downtown Canton and downtown Ball Ground, this home is perfectly situated for those seeking a vibrant community with nearby amenities. Don't let this chance slip away-schedule a private showing today and experience all the comfort and convenience this property has to offer!
Source: GAMLS #10317699
Source: GAMLS #10317699
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: #10317699