110 Canyon Ridge Trl Canton, GA 30114
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About this home
VA assumable loan at 3.5% for qualified buyers! Welcome to this stunning two-story former model home, nestled on a beautifully landscaped corner lot, where elegance and comfort blend seamlessly. Boasting 4 spacious bedrooms, 3.5 bathrooms, a versatile bonus room, and a full unfinished walk-out basement already framed and bathed in natural light, this home invites endless possibilities. Step through the front door, where rich hardwood floors and the formal living room enchants with soaring cathedral ceilings and a charming upgraded brick gas fireplace, flanked by tall windows that flood the space with light, with a nearby formal dining room adorned with detailed molding-perfect for intimate dinners or festive gatherings. The gourmet kitchen is a chef's dream, featuring warm stained cabinetry, gleaming stone countertops, soft-close drawers, a sleek gas cooktop, wall oven, upgraded vent hood, and a generous eat-at island that flows into a sunny breakfast nook. The adjacent keeping room, complete with a second brick fireplace and walls of windows, offers a cozy yet sophisticated space for everyday living or entertaining. The luxurious owner's suite on the main level provides a private sanctuary with gorgeous en-suite bath showcasing a tiled walk-in shower, a separate soaking tub, and dual vanities. Upstairs, three additional bedrooms and a large bonus room offer flexible space for work or play. Step outside to a spacious deck overlooking a fenced-in courtyard with wooded views, an upgraded retaining wall, and iron fencing-creating a peaceful retreat. With a two-car garage, access to a vibrant community featuring a clubhouse, pool, and sidewalks, and close proximity to shopping, dining, and entertainment, this exquisite home offers both luxury and lifestyle. Schedule your showing today to see it all for yourself!!
Source: GAMLS #10617433
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Close stress-free in 45 days, handled start to finish by Roam.
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FAQs
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.
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 580, 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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.