834 Rockford Commons Dr SW, Marietta, GA 30064
3 beds · 2 baths · 2,455 sqft
This lovely home has been extremely well maintained. The Living Room is sunlit and features a chandelier, chair rail and wainscoting. Hardwood floors run seamlessly through the main level of the house. A Powder Room is conveniently located near the living space. The Kitchen is a cook's delight. A large granite top island has a breakfast bar, pendant lights, and lots of space for food preparation. Stained cabinetry, tile backsplashes, coffee bar and tile floors give it a warm appearance. The full range of appliances include a four burner gas cooktop, double self cleaning ovens, new microwave, dishwasher, and GE profile refrigerator. Extra features are a walk-in pantry and wet bar. The Great Room has a gas lit fireplace, ceiling fan and opens to a spacious Dining Area. A cheery Sunroom provides a cozy space for morning coffee. The much desired main level Primary Suite offers a vaulted ceiling, jetted tub, double vanities, walk-in shower with seat, marble countertops, linen closet and spacious walk-in closet. The upper level features two Bedrooms connected by a Jack and Jill Bathroom. A man level Laundry Room has a sink, GE washer and dryer, shelving and cabinets. A two car rear entry Garage features storage, automatic opener and a single carriage door. Replacements include roof (2023), 10 windows (2023), master toilet and fan (2018), upgraded AC (2022), dishwasher and disposal (2019), refrigerator gasket (2021), clothes washer gasket (2024), microwave and thermostat. (2024). The home is conveniently located near schools, Laurel Park, shopping, the Marietta Square, and Kennesaw Mountain National Park. The gated community features a pool, bathhouse and playground.
Source: GAMLS #10383876
Source: GAMLS #10383876
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: #10383876