105 Glen Cedar Ln, Dawsonville, GA 30534
4 beds · 3 baths · 2,398 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Location, Location, Location!! This ranch home is situated on an unfinished basement that features a 4th bedroom/living area above the garage. On over half an acre with a fully fenced yard, this home is move-in ready. As you enter the home you will enjoy the open concept from the living room to the informal and formal dining room. The kitchen with new stainless steel appliances, granite countertops and freshly painted cabinets overlooks your family room, so you can enjoy company while you cook! The master on main is located on the other side of the home from all other bedrooms and provides a space to get away! The 4th bedroom above the garage also features its own full bathroom and a living room area that would be perfect for guests. Don't forget the unfinished basement that is stubbed for a bathroom and ready for you to complete for an additional 1700 square feet of home to enjoy! Need lots of space for parking? The driveway is ample space for guests to park on top of the 2 car garage! The front porch is ready for your rocking chairs and the perfect spot to enjoy your morning coffee! No HOA and only 10 minutes from North Georgia's best shopping, 20 minutes from incredible wineries and 5 minutes from Northeast Georgia Medical Center, you have everything you could ever need!! Schedule your showing today before this home is gone!
Source: GAMLS #10517425
Source: GAMLS #10517425
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.