2612 Piedmont Lake Rd, Pine Mountain, GA 31822
4 beds · 3 baths · 2,734 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Spacious and functional this beautiful home in the gated community of Piedmont Lake sits majestically on the well-manicured 2.82 Acres property. The stone and brick fascia gives this home a point of difference and fits so well with the wooded setting. Once you enter in the home you can see the extra architectonical features. Several flex rooms give you the opportunity to use certain room to better fit your lifestyle. You can choose to have a study, dining or office for the room to the right off the foyer. Once you enter the main living area you are WOWED by the open space. Great for entertaining! Since the home is so new it has all the latest features with quartz kitchen counter tops, large island and ample cabinets. The split floorplan gives privacy as the bedrooms are all separated by the large great room/kitchen area. The main bedroom is oversized allowing room for cozy reading area. Spacious main bathroom has soaking tub and double vanity. The flex room off of the garage entrance could be a great workout room or 5th bedroom. The garage has epoxy floors and ample room for storage The covered patio is wonderful to enjoy the serene setting of Piedmont Lake. Enjoy the amenities of the 212-acre lake, tennis courts and swimming pool plus recreational area. The best part of this home is that its less than 3-years-old, so you get the all the advantages of the upgrades the seller did and the benefits of a new construction. If you have been wanting to make a move and not have to remodel this is the home for you.
Source: GAMLS #10408661
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: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: GAMLS #10408661
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.