9330 LANTANA TRL, Jonesboro, GA 30238
Welcome Home!!! This beautiful, well maintained sanctuary awaits you in the sought-after Mundy's Overlook community! The 4-Bedrooms, 2.5-Bath Donovan C Floor Plan features an amazing Two-story foyer upon entry. Step into luxury with gleaming hardwood floors that flow seamlessly through the Main Level. Enjoy the new custom paint throughout. This open concept home is great for entertaining due to the large Kitchen (with island), stainless steel appliances and Breakfast area overlooking the Family Room with built-in fireplace. The Upper Level: Boasts of the continued hardwood flooring leading into the massive Owner's Retreat with beautiful trey ceilings and sitting area perfect for unwinding after a long day. Indulge in the upgraded Spa-like Bathroom which features double vanities, free standing Garden Tub, and separate Luxurious Shower for ultimate relaxation. This primary retreat also comes with a large dual Walk-In Closet. The other 3 spacious secondary bedrooms come with hardwood flooring and lots of closet space. The Backyard: An Outdoor Lover's dream!!! This private backyard truly has it all. Enjoy every season from barbequing in the Summer with the built-in grill and bar top or sitting around the custom fire pit roasting smores in the Winter. Relax and watch the sunset or movie under the screened-in Gazebo with family and friends. Community is conveniently located near major highways, interstates, shopping and dining. This one definitely won't last!!!
You may be able to put down less than the total down payment amount of $237,548 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7396093