6970 Creek Ridge Dr, Gainesville, GA 30506
4 beds · 3 baths · 3,555 sqft sqft
Welcome to your dream home in Forsyth County! Nestled on a private lot right by the beautiful Kinsey Family Tree Farm. 3/4 of an acre perfectly flat! Back yard is much bigger than just the fenced area. As you step inside, you're greeted by gleaming hardwood floors that reflect the abundant natural light streaming through large windows. Recent upgrades include paint inside and out. Finished basement, added shed, planted fruit trees and bushes, energy efficient thermostat, garage door and more. The spacious bedrooms provide ample retreat space. Imagine enjoying peaceful evenings on your back deck, overlooking a beautiful forest and open pastures. Automated sprinklers in the back and front yard to keep your yard looking lush! For outdoor enthusiasts, this home is ideally located close to the lake, perfect for boating and fishing, as well as a large city park and golf course for recreation. Nearby shopping complexes cater to all your needs, from daily conveniences to leisurely shopping trips. Families will appreciate the top-rated Forsyth County schools and the welcoming neighborhood atmosphere, where community spirit thrives. Whether you're looking for a place to raise a family or simply seeking a serene retreat, this home offers it all. Don't miss the opportunity to make this exceptional property yours!
Source: GAMLS #10395244
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10395244
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10395244