8196 Pembrook Ter, Jonesboro, GA 30236
4 beds · 3 baths · 2,869 sqft
This Gorgeous 4 Bedroom, 3 Full Bath Ranch is a Hard-coat Full Stucco Home, nestled within the prestigious Lake Spivey Country Club Community on Hole 8.. From several rooms in the home & rear deck you have views of Lake Spivey Golf Course, so take in a view and just relax. That's what you will desire to do when you enter this beautiful golf-front home. Sit on your exterior back deck and watch golfers tee off on the eighth hole. Don't worry about stray balls- you are out of their path. Upon entry, the foyer has columns which opens into the spacious formal living room & family room which are separated by a floor to ceiling fireplace with a dual see-thru view. Separate formal dining room with crown molding, marble flooring and a beautiful chandelier. Chef's kitchen with tons of cabinets, built in wine racks, hardwood flooring, breakfast bar and breakfast area. Masters' suite on main with tray ceilings, French doors leading onto deck and spa type bathroom with marble flooring, separate vanities, whirlpool tub, separate shower, with a large walk-in closet and laundry room connected to master closet. Split family floor plan with the other 3 bedrooms on the other side of home, one with its own bathroom suite and another with a connecting door to the hall's full bathroom. Crown molding and recessed lighting throughout home. As a resident, enjoy all the amenities including the 600-acre lake life, whether you're fishing, swimming, or golfing, each day is a new opportunity to explore and enjoy your surroundings. Private membership at Lake Spivey Golf Club is available for an additional fee. Top rated schools, a friendly, welcoming neighborhood that has a walking/biking/golf cart paved trail to the Clayton County Water Park and Community Center. This Area features a large gym, heated salt pool, meeting rooms and snack bar. Also offered are tennis and pickle ball courts, dog park, a water park with huge waterslide and lazy river. There's also a Senior Citizen Center with restaurant. It's only minutes to shopping, restaurants and I-75. Less than thirty minutes to Hartsfield International Airport and Downtown Atlanta. New HVAC system and Washer and Dryer are included. There is so much more to this home! Don't let it get away!!
Source: FMLS #7407022
Source: FMLS #7407022
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: #7407022
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