7127 Litany Ct, Flowery Branch, GA 30542
4 beds · 2 baths · 2,860 sqft sqft
Positively stunning meticulously customized home that sits on almost one acre of land. This home has been completely renovated and no stone was left unturned. The home has been freshly painted . As you walk in the front door you will enjoy brand new luxury flooring throughout. The kitchen and living space offers an open concept with brand new quartz countertops on customized cabinets, an island, and new stainless steel appliances. The bathrooms have been updated from the floor up with new plumbing fixtures and brand new luxury vanity. The house features a newer roof, newer HVAC, newer hot water heater and new light fixtures throughout. You can feel the warm ambiance exude from this beautifully customized home which is in an even better location. Located in a peaceful and quiet Flowery Branch neighborhood, this home is close to schools, parks, shopping, and dining options. With easy access to major highways and transportation, commuting is a breeze. Don't miss the opportunity to make this modern home yours.
Source: FMLS #7400707
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7400707
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: #7400707