7804 Gusty Trl, Douglasville, GA 30135
5 beds · 5 baths · 3,067 sqft sqft
Luxury, comfort, and a spacious floorplan come together flawlessly in this five bedroom, five bath home. Sitting on just over an acre, you enjoy the corner lot and the privacy too. The backyard is ready for all your entertaining with a beautiful salt water pool. The pool liner is five years old. The open floor plan creates a cozy environment for all your gatherings and the formal dining room gives elegance. The beautiful coffered ceilings add to the style and classic architectural detail The primary bedroom offers a sitting room, separate his and her closets, a wonderful soaking tub in the primary bath is perfect for soaking away the stress of the day. A guest bedroom on the main floor offers privacy. Upstairs are wonderfully sized bedrooms with two sharing a jack and Jill bathroom. The third bedroom has its own bathroom for a perfect teen suite style setting. The landing at the top of the stairs is perfect for a reading nook, extra space for a homework station. The full unfinished basement is the perfect canvas for your finishing touches. A full finished bath is in the basement along with a safe room too. With a separate driveway that leads to the boat door at the basement level is great for extra parking or your RV too. There is so much this home offers!
Source: FMLS #7475513
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7475513
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: #7475513
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.