7940 Brewton Creek Dr, Cumming, GA 30028
5 beds · 4 baths · 4,023 sqft
Your search ends here! Very spacious 5 bedroom EAST facing home in sought after community Tiberon On The Etowah located in Cumming. Welcome to a well appointed designed home with 5 designated bedrooms, 4 bathrooms in a sprawling 4023 square feet of living space. Located in a charming community with many amenities. A short distance from schools, grocery stores, shops, parks, walking trails, hospitals and short commute to Atlanta. As you enter, you'll be greeted by an open and inviting floor plan with an abundance of natural light. The oversized living room features a cozy fireplace and plenty of windows that create a bright and welcoming atmosphere for family and friends. The gourmet kitchen is a true centerpiece of the home, boasting of granite countertops, high end stainless steel appliances, an expansive island with ample seating, and an exrta-large walk in pantry. The adjacent formal dining room is spacious enough to host large gatherings and dinner parties. A first floor bedroom with an ensuite bath that can be used as a guest suite or an office. Upstairs, the mater suite is a serene retreat, offering a generous sized bedroom that includes a separate seating area with its own fireplace. The large ensuite bathroom gives a spa-like atmosphere with a soaking tub, separate glass-enclosed shower, dual vanities and an oversized walk-in closet. The master suite, master bath and laundry room are thoughtfully connected to one another for convenience. Three additional generously sized bedrooms are located are located upstairs. One has a a en-suite private full bath and the other two bedroom share a Jack and Jill bathroom with separate vanities. The outdoor space is equally as impressive featuring a covered patio, perfect for relaxing or entertaining. The fenced in back yard offers plenty of room for outdoor activities. A large retaining was was recently added constructed with attractive wall block and lighting throughout the back and front yard. This home also includes a spacious two-car garage and a EV charger for electric cars. This beautiful home combines peaceful living with all the conveniences of urban life. Only 10 minutes to 400 and just a few minutes drive to shops, dinning and parks. Do not miss the opportunity to experience all the upgrades in spacious home Schedule for a viewing today.
Source: FMLS #7447662
Source: FMLS #7447662
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: #7447662