120 Majesty Ln, Fayetteville, GA 30215
5 beds · 3 baths · 4,115 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled on a serene 1.3-acre lot, this traditional 2-story residence offers 4 spacious bedrooms, 3.5 baths, and a full finished basement, blending timeless elegance with modern convenience. Step into the inviting foyer and experience the natural flow of this beautifully designed home. The main level features a versatile living/flex room and a formal dining room, perfectly situated next to the newly remodeled eat-in kitchen. Outfitted with top-tier Kitchen-Aid stainless steel appliances, quartz countertops, and 42-inch cabinetry with smart built-in features, this kitchen is a chef's dream-don't forget to peek inside those cabinets! Bay windows provide a scenic view of the double deck and garden, while the large family room, with its cozy fireplace and elegant built-in bookcases, opens to a stunning all-season sunroom. Vaulted ceilings and 10 windows flood this space with natural light, making it perfect for relaxation or entertainment. Throughout the home, enjoy 9-foot ceilings, crown molding, and a beautiful mix of hardwood, tile, and slate flooring-recently updated with fresh paint, making this home truly move-in ready. The oversized owner's suite is a private retreat with tray ceilings, complete with a luxurious ensuite bathroom featuring dual vanities, a soaking tub, a glass-enclosed tile shower, and both a large walk-in and a secondary closet. An adjoining private office with attic access provides the ideal work-from-home space. Upstairs, you'll find generously sized bedrooms and the large 4th bedroom bonus that could easily function as a private studio apartment, thanks to rear staircase access. The fully finished basement offers a world of possibilities-additional bedrooms, a home gym, game room, or media center-with its own exterior entry to a covered porch and an additional garage/workshop area. Additional upgrades include 33 maintenance-free windows and a new kitchen door. As part of the Royal Ridge community, enjoy access to a pool, clubhouse, and playground-all within the sought-after Whitewater school district and just 35 minutes from Hartsfield-Jackson Atlanta International Airport. Impeccably maintained and thoughtfully designed, this home defines luxurious living. Don't miss this rare opportunity!
Source: GAMLS #10506468
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: GAMLS #10506468
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.