92 Silver Birch Pass, Newnan, GA 30265
4 beds · 3 baths · 2,020 sqft
Welcome to this charming home nestled in the coveted Poplar Preserve neighborhood, just moments away from the upcoming Outlet Mall. This rare basement home offers a seamless blend of modern design and cozy comfort, perfect for both relaxation and entertaining. Step into the spacious kitchen, where an expansive island provides ample room for meal prep, buffet serving, and casual dining. The kitchen overlooks the family room, creating a warm and inviting atmosphere. Additionally, the breakfast nook offers extra seating and the perfect spot to enjoy a morning cup of coffee. As you make your way upstairs, you'll discover an oversized primary suite featuring a beautiful bath and a generously sized walk-in closet. Three additional well-proportioned bedrooms, a full bath, and a convenient laundry closet complete the second level, providing a perfect balance of space and functionality. The unfinished basement presents incredible storage space and the exciting potential for additional living areas, with plumbing already stubbed in for convenience. Outside, the back deck offers a peaceful retreat, allowing you to relax and take in the tranquil wooded view. The property's proximity to the community pool makes it effortlessly convenient to enjoy leisurely afternoons without the hassle of loading up the car. Plus, the low-maintenance yard provides the freedom to fully embrace the community perks without the burden of extensive upkeep. Stay tuned for professional photos, which will showcase the home's beauty and charm. Washer/Dryer and Refrigerator can be purchased in separate bill of sale. Buyer to confirm association fees. Don't miss this opportunity to experience the best of modern living in a welcoming neighborhood.
Source: GAMLS #10352110
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10352110
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: #10352110
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.