911 Laurel Crest Dr, Woodstock, GA 30189
4 beds · 3 baths · 3,545 sqft
Walk into this stunning dramatic foyer with immediate views of the formal living room with stone fireplace and the formal dining room with tray ceiling and bay window. Large kitchen with stone countertops and island and open view to the great room with additional fireplace and bookshelves. Overhead catwalk to the upstairs makes the home feel open and spacious. Step out to the finished screened porch with the most stunning views of the huge, wooded backyard and multiple decking to lead you to the lower levels. Laundry room located behind the kitchen and garage. Upstairs are 4 bedrooms with convenient jack and jill bathroom. Master suite is oversized with plenty of room for sitting in the bay window and gazing at the spectacular wooded views year-round. Soak in the jacuzzi tub in this large master bath with beautiful granite his and hers double vanities and huge walk-in closet. Entertain your guests and family in the finished basement with pool table, large open areas for sitting and television as well as a separate room that can be used for an extra bedroom, office or theater room. This daylight basement has lots of additional storage as well as a workshop that leads to another exterior entrance great for the lawn equipment and the home projects!! View your dream home today!!
Source: FMLS #7522500
Financials
Source: FMLS #7522500
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.