73 Chambliss Ln NE, Ludowici, GA 31316
3 beds · 2 baths · 2,664 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Charming All-Brick Retreat with Pool, Pond & Workshop on 1+ Acre in Long County! Welcome to 73 Chambliss Lane - a beautiful, all-brick home situated on 1.44 acres with stunning curb appeal and a thoughtfully designed layout. This spacious 3-bedroom, 2.5-bath home offers a warm and welcoming atmosphere with a covered front porch, perfect for rocking chairs and morning coffee. The main-floor master suite features a jetted tub, separate shower, and generous walk-in closets. Enjoy cozy evenings by the fireplace in the living room or relax in the sunroom overlooking the backyard oasis, complete with a new deck and pool. The kitchen is a chef's dream with an island, gas stove, double ovens, and a sink that overlooks the backyard. A large laundry room and an attached storage room off the garage offer plenty of space for deep freezers or a home office setup. Built-ins throughout the home provide extra functionality and style. Upstairs you'll find two bedrooms connected by a Jack-and-Jill bathroom, ideal for guests or kids. Outside, enjoy a 24x24 detached brick workshop with roll-up door, a peaceful pond, and even a chicken coop-perfect for those looking to embrace a bit of country living. With a 2-car garage, tons of storage, and incredible outdoor features, this home offers space, comfort, and versatility-all in one! Home features include :Brand-new upstairs HVAC unit, New gas water heater, New pool liner and pump, Roof replaced 7 years ago, Termite bond in place.
Source: GAMLS #10506304
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 #10506304
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.