640 Monticello Dr SW Mableton, GA 30126
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About this home
Coming Soon in Prime Cobb County! Imagine coming home to a classic white brick ranch, where sunlight dances across rich hardwood floors that flow seamlessly through every room. Step inside and feel the warmth of an open-concept living space-perfect for cozy evenings or lively gatherings with friends. The heart of the home is a bright, farmhouse-style kitchen, where white cabinets, open shelving, and a spacious island invite you to linger over morning coffee or share a meal. There's plenty of room for everyone, whether you're hosting a dinner or helping with homework at the island. Retreat to one of three spacious bedrooms, each offering comfort and privacy. The primary suite features its own ensuite half bath, while the main bathroom is thoughtfully designed with dual access from both the hallway and the primary bedroom-making busy mornings a breeze. Step outside to your private, fenced backyard-ideal for pets, play, or gardening. Fire up the grill or unwind on the patio just off the carport, and take advantage of the outbuilding for hobbies or extra storage. The two-car carport with a large storage room keeps everything organized and out of sight. Nestled in a prime Cobb County location, you're just minutes from the East-West Connector, grocery stores, and the Silver Comet Trail. This is the perfect place for first-time buyers to start their next chapter-where comfort, convenience, and a move-in ready lifestyle await. Your new beginning is just around the corner-coming soon!
Source: GAMLS #10631594
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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.