445 Jennifer Springs Dr Monroe, GA 30656
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About this home
If space is what you want , you got it here, approximately 5000 sq ft, 4BR/4.5BA Craftsman on Expansive 0.80-Acre Lot with Finished Basement! Welcome to this beautifully crafted 4-bedroom, 4.5-bathroom home of designed living space. Nestled on a generous 0.80-acre lot, this stunning Craftsman-style residence blends timeless character with modern comforts. Step through the wide, inviting foyer into a spacious and open floor plan. The main level features a cozy living/family room with a fireplace, a grand great room perfect for gatherings, and a large open-concept kitchen complete with an island and an oversized breakfast/serving area-ideal for entertaining and everyday living. The fully finished basement is a true highlight, featuring a home theater, game room, flex space, kitchenette, and a full bath-perfect for guests, multi-generational living, or a private home office. Upstairs, a spacious bonus room offers endless possibilities as a media room, home gym, or playroom. The two-car attached garage provides ample storage, while the expansive backyard offers room to garden, relax, or enjoy outdoor activities in a peaceful setting. Full of character, functionality, and room to grow, this home is the perfect blend of space, style, and charm. This one will not disappoint! Schedule a Showing today!
Source: GAMLS #10635913
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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.