7005 Mandevilla Ln, Douglasville, GA 30135
4 beds · 2 baths · 2,623 sqft
Welcome Home!! Seeking luxury living, privacy and endless space? Well, this exquisite home is waiting on you! You will enjoy all the this breath-taking home has to offer, with wrought-ion spindles greeting you at the staircase, 2-story family room -ideal for entertaining and as you enter the grand foyer, you'll be captivated by the radiant hardwood floors that adorn the main level, also greeted by a formal dining room with custom crown-molding, wainscoting and oil-rubbed bronze center light fixture! Entertain with class flair in this stunning kitchen, boasting granite countertops, eat-in area, island bar area ideal for bar stool, pantry, undermount stainless sink and greeted by stainless steel appliances, and a side-by-side refrigerator. When the festivities wind down, retreat to the expansive living room, where the warmth of the fireplace and recessed lighting sets the perfect ambiance for cozy conversations. Or you can relax in the cozy screened in sunroom, off of the eat-in area! Upstairs, tranquility awaits in the serene bedrooms, each adorned with plush new carpeting and offering ample closet space to accommodate your wardrobe needs. One of the guest bedrooms can also serve as an entertainment area, due to the openness and bonus sitting area. The main-level master suite is a sanctuary of its own, featuring a tray-ceiling, an updated ensuite bath, with a large garden tub, double vanity with granite and undermount sinks, custom frameless shower door and a generously sized walk-in closet for added convenience. With three additional bedrooms on the second level, along with a full bath designed in a jack-and-jill style with separate sinks, this home effortlessly caters to the needs of families of all sizes. And let's not forget the expansive one-acre lot, providing the perfect backdrop for outdoor enjoyment and relaxation. Discover versatility and elegance at every turn in this remarkable home, where luxury living meets the tranquility of nature. Welcome home to your personal oasis of comfort and style. **VA assumable loan option available 2.9% interest rate! Call for details.**
Source: GAMLS #10316779
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10316779
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 30-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: #10316779
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.