4831 Impala Ln, Albany, GA 31705
3 beds · 2 baths · 1,634 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Don't miss your chance to own this stunningly transformed home, completely remodeled back in 2022! Gutted down to the studs, this home has been meticulously updated with every modern feature and high-end finish imaginable. From the moment you step inside, you'll be blown away by the flawless craftsmanship and luxurious upgrades that create the perfect blend of comfort and style. The property boasts foam insulation in the attic and exterior walls, as well as rockwool Safe & Sound insulation in the interior walls. The home features LVP flooring throughout, a HVAC system and ductwork, doors and windows, and updated electrical, plumbing, and water softener systems-A Rinnai continuous hot water system, smooth ceilings with crown molding, and recessed lighting add to the modern appeal of this home. The spacious open floor plan includes a large family room and a chef's kitchen with cabinets, countertops, and an island with bar seating. The kitchen also features stainless steel appliances, including a gas range, wall oven, built-in microwave, sleek modern vent hood, and refrigerator, as well as a beautiful flagstone backsplash. Additional features include a dedicated office with built-ins and a great view of the backyard, a spacious master bedroom leading to a spa-inspired master bath with a nice vanity and tile shower, and two additional well-sized bedrooms with ample closet space. The home also includes a, laundry room, added sunroom, fenced backyard, gutters, and a car garage.
Source: GAMLS #10498111
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 #10498111
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.