208 Summerstone Bnd, Byron, GA 31008
3 beds · 2 baths · 1,260 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Your Private Oasis in a Gated Community! Nestled behind secure gates, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience. Pull into your two-car garage and step inside to discover a spacious living room, flooded with natural light. The adjoining dining area enjoys a charming bay window-ideal for delicious meals or quiet morning coffee. All kitchen appliances remain for your convenience, and tile floors grace every wet area for easy upkeep. The generously sized fenced backyard backs up to a lush, open field, providing both privacy and picturesque views. Across the street, you'll find a green space complete with a guest-parking pad-perfect for outdoor play or impromptu picnics. Retreat to the owner's suite, where a tray ceiling adds architectural interest and a spa-like ensuite awaits, featuring a relaxing jetted tub and separate glass-enclosed shower. Outside your door, the community's amenities invite you to unwind: a sparkling lake for serene strolls, a covered pavilion for gatherings, and a playground where imagination can run wild. Don't miss your chance to call this tranquil, amenity-rich property home-schedule your tour today!
Source: GAMLS #10515042
Source: GAMLS #10515042
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.