Welcome to an exceptional opportunity in the highly sought-after Stonebrier at Sugarloaf, a gated John Wieland Homes & Neighborhoods community in one of Gwinnett County's most desirable locations. Perfectly positioned on a beautifully landscaped, partially wooded homesite of approximately one-half acre, this expansive five-bedroom, five-bath residence offers over 5,100 square feet above grade plus a finished multi-level terrace level designed for today's evolving lifestyle needs. From the moment you enter, a soaring two-story foyer creates a dramatic first impression, complemented by rich architectural details, elevated ceilings, abundant natural light, and thoughtfully designed living spaces throughout. The two-story family room, anchored by one of the home's two fireplaces, serves as the heart of the home and seamlessly connects to an updated kitchen featuring stone countertops, stainless steel appliances, double ovens, a breakfast area, breakfast bar, and generous workspace for both everyday living and entertaining. The current owners have made numerous improvements during their ownership, including interior paint and updated flooring, enhancing both style and functionality while preserving the home's timeless appeal. Designed with flexibility in mind, the main level features a private ensuite bedroom that is ideal for guests, a dedicated home office, creative space, or additional work-from-home needs. The spacious laundry room is conveniently located on the main level, while the side-entry garage offers excellent functionality with ample space for vehicles, storage, tools, recreational equipment, and seasonal items. Upstairs, the expansive primary suite offers a true retreat with a sitting area, updated bath, dual vanities, separate tub and shower, and the rare advantage of both an oversized walk-in closet and a secondary owner's closet, creating exceptional storage and organization opportunities. The finished terrace level extends the home's versatility with additional rooms, a full bath, substantial living space, and the home's second fireplace, creating an inviting setting for recreation, media, fitness, hobbies, remote work, or extended guest accommodations. Whether hosting gatherings, creating separate living zones, or simply enjoying additional room to spread out, this level offers remarkable flexibility. Outdoor living is equally impressive. Step outside to an expansive deck overlooking a private, partially wooded backyard, complete with a charming screened gazebo that creates an inviting setting for morning coffee, outdoor dining, weekend entertaining, or peaceful evenings surrounded by nature. The level backyard provides abundant space for outdoor enjoyment while maintaining a sense of privacy and tranquility. Life in Stonebrier at Sugarloaf offers more than just a beautiful home. Residents enjoy the benefits of a gated community with mature landscaping, swim and tennis amenities, clubhouse facilities, and convenient access to the Sugarloaf corridor's premier shopping, dining, entertainment, golf, parks, major highways, and Gwinnett County's many conveniences. A rare combination of size, functionality, thoughtful updates, outdoor living, and premier location, this distinguished residence offers the space, flexibility, and lifestyle today's buyers seek in one of Duluth's most desirable communities.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
