8104 Greens Mill Way, Loganville, GA 30052
5 beds · 2 baths · 2,786 sqft
Back on the market due to no fault of seller or the home!!! Welcome Home to this lovely upgraded 5 bedroom, 2 full and 2 half bath retreat in the sought after neighborhood of Greens Mill! The kitchen boasts granite countertops with a new marble herringbone backsplash, stainless steel appliances, a large pantry, a breakfast area that overlooks the new oversized deck and fully fenced in backyard! This home is perfect for entertaining with a separate dining room adorned with stunning crown molding and an oversized family room with a cozy brick gas starter fireplace. Holidays and family gatherings will never be the same! There are stunning hardwood floors throughout. The owners suite features an upgraded bathroom with an oversized shower, a double vanity, a very spacious walk-in closet as well as a separate water closet! There are oversized guest rooms with a surprise layout, large closets, and a double vanity guest bathroom. This home features a partially finished basement with a half bath and a spacious fifth bedroom or office space with exterior access to the backyard; an excellent bistro spot! The basement also features an unfinished storage area and a shop area with electrical outlets and exterior access as well. Located in Loganville this home is close enough to local restaurants and local happenings while still maintaining that rural charm! October 2024 Septic pump and inspection.
Source: GAMLS #10381853
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10381853
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: #10381853
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.