50 Persian Pl, Whitesburg, GA 30185
5 beds · 3 baths · 4,108 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream retreat! Nestled on a private 1.8-acre double lot in a cul-de-sac, this well maintained 5-bedroom, 3-full-bath ranch home offers over 4,000 sq. ft. of living space. Step inside to discover a grand open-concept living area that seamlessly blends into the kitchen and dining room. The enormous living room, highlighted by a cozy fireplace, flows effortlessly into the kitchen featuring a spacious island, perfect for both daily living and entertaining. Right off the kitchen, is your two car garage with a mudroom off the garage to enter the home! The home boasts a generous bonus room that provides additional flexibility for a home office, game room, storage, extra bedroom, a cool bunk-room for the kids or whatever suits your lifestyle needs. Outside is truly the best part of this property! The property provides a private lake, offering tranquil views and a perfect setting for outdoor relaxation. Enjoy your own private dock and a dedicated entertainment area, ideal for grilling out and hosting gatherings by the water. This exceptional home is not only a private oasis but also a fisherman's dream! Experience the best of both worlds with expansive indoor living and an outdoor that you will be sure to fall in love with! Don't miss your chance to own this one-of-a-kind property-schedule your tour today and make it yours!
Source: GAMLS #10412860
Source: GAMLS #10412860
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.