446 Noblewood Dr, Mcdonough, GA 30252
5 beds · 3 baths · 3,356 sqft
Get a free consultation call with an expert in the mortgage assumption process.
In the sought-after Longleaf Subdivision, your dream home awaits! This beautiful residence is situated within one of Henry County's top-rated school clusters, including Union Grove High, Union Grove Middle, and Timber Ridge Elementary.The main level is thoughtfully designed for both comfortable daily living and effortless entertaining. You'll find a generous family room featuring a welcoming fireplace that flows seamlessly into a large kitchen. This impressive kitchen boasts granite countertops, a substantial island with a sink and seating, stainless steel appliances (including the refrigerator), and a convenient walk-in pantry. The owner's suite offers a private sanctuary, occupying the entire left wing of the home. This spacious retreat is conveniently located just steps away from the upstairs laundry room. On the opposite side, three additional well-sized bedrooms and a full bathroom provide ample space for family members or guests. This wonderful home also features hardwood floors on the main level, comfortable carpeting in all bedrooms, and a lovely fenced backyard perfect for outdoor enjoyment and entertaining. With five bedrooms, three full baths, an entertainer's kitchen, and inviting spaces throughout, this home truly offers it all. Nestled in a charming country setting while still being close to all essential amenities, this property is ready to welcome its new owners. Picture yourself enjoying the holidays in this warm and inviting home! Don't miss the opportunity to make it yours-schedule your showing today!
Source: FMLS #7577295
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: FMLS #7577295
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.