BACK ON MARKET! Buyer's financing fell through, creating a chance for YOU to own this home in Hinesville's sought-after golf community - This 4 Bedroom, 2 Bathroom, brick home offers clear views of the Cherokee Rose Golf Course from the front and back yard, nestled on a little over half an acre wooded lot. NO HOA. Features all new LVP Plank flooring, upgraded solid wood interior bedroom doors, baseboards and trim throughout the entire home. Freshly painted walls and ceilings. All new electrical outlets and switches throughout. New light fixtures. New cabinets and quartz countertops in the kitchen and bathrooms. Large Living Room - Vaulted ceilings with wood beams, floor-to-ceiling white brick wood-burning fireplace, a Wet Bar and French doors that open to the sunroom. Formal Dining Room - Can also serve as a versatile flex room with large double window and new coastal light fixture. The Kitchen is completely remodeled featuring quartz countertops, white cabinetry, and a coastal blue tile backsplash. The galley kitchen offers lots of counter space and cabinet storage, a spacious and deep 33-inch sink and high-end professional grade appliances that include a double wall oven, a surface cooktop, French door refrigerator, and a built-in low-profile microwave. Also, in the Kitchen - An eat-in dining area with built-in cabinet and shelving, designer light fixture, and a garden window for growing plants and herbs. The spacious primary bedroom offers views of the 16th fairway. Features, walk-in closet, new barn-style sliding doors, and an ensuite bathroom with brand new cabinets, countertops, light fixtures, coastal mirrors, double vanity sinks and separate shower/toilet room. New shower head and humidity detecting exhaust fan. The hall bathroom is designed with a separate toilet and shower room, adding convenience and privacy for your family and guests. It features new custom cabinets, quartz countertops, new light fixtures and designer shelving. New shower head and humidity detecting exhaust fan. Additionally, there are three more nicely sized bedrooms with new ceiling fan light fixtures and plantation blinds. Mudroom/laundry room, equipped with custom built-ins to keep your daily life organized and efficient. New two-car electric garage door, and freshly painted exterior. Custom bronze gutters. Wooden back deck off of the sunroom. Prime Location: Close to shopping, dining, and entertainment options in Hinesville and to Ft. Stewart. Cherokee Rose Country Club Memberships, to include pool and golf, are available for a seasonal/yearly membership expense. Memberships are optional and not required. Ready to see this home for yourself? Schedule your private showing today to experience the beauty of country club living. Seller is a GA licensed real estate agent.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
