709 Simonton Mill Rd, Carrollton, GA 30117
3 beds · 2 baths · 1,496 sqft sqft
Welcome to the perfect home for you & yours! Imagine yourself in this renovated brick ranch on over 2.5 acres where you can have views of deer and wildlife in your backyard, watch beautiful sunsets off the back porch and entertain all year long. There is an above ground pool which has a sand pump filter that makes maintenance a breeze and fun guaranteed. Looking for the ability to have chickens? There are 2 great places set up for that, too! You might even be able to keep some if you want to! Step inside to find a renovated kitchen with new stainless steel smart appliances, backsplash, countertops and freshly painted cabinets. The living room is large and open with hardwood flooring and the fireplace makes for a cozy and warm night all fall and winter long. As you walk through the home there are beautiful custom touches throughout. The primary bedroom sits at the end of the hallway for ample privacy and two additional bedrooms across from eachother. Additional rooms are roomy and have great closet space and natural light. Primary bedroom and bathroom has great natural lighting as well and the primary bath has been updated nicely with tile above shower as has the guest bath. Fresh paint throughout, updated switches and outlets and so much more. Move in and start enjoying the privacy of one neighbor, a quiet street, and a wooded backyard that backs up to property filled with wildlife. Ample space for playing in the backyard and a great garden spot where the soil has proved great for growing tons of fruits and vegetables. The property also features 2 sheds as well. One is used as a workshop and has been renovated fully with a new slab poured, updated shop lighting, shelving and a new metal roof. The other building is great for storage as well. Septic was pumped just this week on 10/7 for the new owners! Conveniently located in what feels like the country but is minutes to UWG & downtown Carrollton as well. The possibilities here are endless. Schedule your showing, today!
Source: GAMLS #10391841
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10391841
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: #10391841
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.