97 Brookstone Ct, Acworth, GA 30101
4 beds · 3 baths · 2,588 sqft
Beautiful craftsman home with no detail left out awaits you in sought after Brookstone West community. This home offers all the benefits of new construction without the wait and with many upgrades taken care of by the seller. Home is on rare, coveted unfinished basement cul-de-sac lot with beautifully landscaped front yard and peaceful backyard with wooded backdrop. Upgrades are tastefully done throughout this home featuring open-concept kitchen with granite countertops, tile backsplash and open shelving. The main level area includes cozy family room with custom decorative fireplace, reading nook, bookshelves, crown molding and office in front of the home with glass french doors for privacy. Upper level features large loft area perfect for relaxing or media area for entertaining. Oversized owners suite overlooks private backyard and features en-suite bathroom with double vanities and separate tub/shower. Three additional generously sized bedrooms along with full bathroom with double vanity is also located on upper level. Laundry room conveniently located upstairs as well. Home also boasts fully framed, stubbed walk-out basement that offers endless opportunities for additional living space. The Brookstone West community is conveniently located with easy access to schools, shopping, dining and parks.
Source: FMLS #7521269
Financials
Source: FMLS #7521269
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.