945 PEGASUS WAY, Atlanta, GA 30349
Welcome to your beautiful dream home! This amazing 4 bedroom 3 full bathroom home is located in the Camden Manor community in South Fulton. Once inside you're welcomed to 18ft ceiling open concept floor plan (window with powered blinds) complete with a stunning dining room with coffered ceilings. As you continue to the kitchen it offers granite countertops, ample storage, stainless steel appliances, gas stove, and a walk-in pantry. The spacious family room is great for entertaining family and friends while being accessible to your electric gazebo on the deck in your fenced in backyard. Need an office or just even a bedroom on the main, we have you covered. This floor plan offers a bedroom with a 4 piece washer on the main level. As you make your way upstairs you'll find 2 bedrooms both with walk-in closets with another 4 piece bathroom. But wait there's more! Upstairs there is also a bonus space or if you like a media room for watching movies with the loved ones. Retreat to the primary suite which offers a capacious bedroom, open concept primary ensuite with double vanities, walk-in shower, soaking tub and private water closet. Primary walk-in closet with plenty of storage space. Your home is complete with a double car garage and beautiful sitting porch. Homeowners have also maintained yard keeping, HOA fees, and a Termite Program on the property. Do not wait and miss your opportunity to live and play in this beautiful community. This meticulous home has been well maintained and is waiting for your arrival. This community also comes with tennis courts, basketball court, swimming pool, playground area for the kids, and a club house fit for gatherings. Schedule your showing and make this your new dream home today!!! Convenient to Hartsfield Airport, Camp Creek Market Place, and highway access.
You may be able to put down less than the total down payment amount of $248,716 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: #7386067
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.