518 Gallantry Trl Mcdonough, GA 30252
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About this home
Tucked away in a quiet cul-de-sac in the heart of McDonough, 518 Gallantry Trail offers the perfect blend of small-town charm and modern convenience. Just a short drive from Atlanta and Hartsfield-Jackson Airport, this well-appointed home is ideal for those seeking a peaceful lifestyle with easy access to city amenities. This spacious 3-bedroom, 2-bath residence features 1,726 square feet of thoughtfully designed living space—perfect for individuals who value comfort, space, and style. Step outside to enjoy a beautifully maintained, sprawling backyard, ideal for relaxing, entertaining, or simply enjoying the outdoors in your own private oasis. Located in the highly regarded Ola School District, the property offers access to quality education and a supportive local community. McDonough is known for its historic charm, local festivals, green spaces, and a vibrant yet laid-back lifestyle. Shopping is a breeze with South Point Shopping Center just minutes away, featuring popular retailers like JCPenney, Kohl’s, ULTA, Hobby Lobby, and more. Nearby Henry Town Center adds even more variety with Super Target, Belk, Home Depot, and additional stores for all your household and grocery needs. Hungry? McDonough’s dining scene delivers with local favorites near the Square: Gritz Family Restaurant – All-day breakfast and homestyle meals Brown's Kitchen – Flavorful soul food and vegan options Crust & Craft – Artisan pizzas, beer, and cocktails Kirby G’s Diner – Classic burgers, shakes, and nostalgic charm Whether it’s the quiet cul-de-sac setting, excellent schools, nearby amenities, or serene backyard space that draws you in, 518 Gallantry Trail is a place you’ll love to come home to.
Source: FMLS #7647386
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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.
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