Welcome to Del Webb at Sun City Peachtree's Pristine Golf Course Community with a well appointed Clubhouse with restaurant for 55+ active adults. Upon your arrival your eyes will gaze upon breathtaking, beautifully landscaped Waterfalls cascading over rocks giving you a feeling of excitement as well as serenity. This Attractive ideal open-concept home presents easy low maintenance living with flexibility both for quiet relaxation or lively entertainment. Nestled in the newer section of Sun City Peachtree, this home located at 502 Beautyberry Drive depicts an excellent living experience and is the epitome of comfort surrounded by fun, loving, caring neighbors. This home features wonderful upgrades and boasts a spacious open floor design that is perfect for entertaining family and friends. As you walk through the front door into the foyer, your eyes take you from the foyer of the home to the picturesque oversized backyard. The inviting Chef's kitchen embellishments include many upgraded cabinets, new stainless steel appliances, granite countertops with tile backsplash and a sunlit Breakfast bar. The private Primary bedroom sits in the rear of the home showcasing a wall of windows, an ensuite bathroom with a walk-in tiled shower, double vanities and cultured marble countertops. The office/flex room is also a perfect retreat for your guests. How about installing a Murphy bed when family or friends spend the night? The open living areas are saturated with natural light which enhances the beauty of the stunning wood flooring throughout the Kitchen, Dining room, Great room and Sunroom. From the Sunroom, you can step outside to a large patio with a gas outlet for grilling and a Soothing area for enjoying the outside breezes, and watching and listening to God's creatures. The Garage has the following outstanding amenities: Attic stairs for storage, Painted flooring and an area to Charge your Electric car. Come Home to the Bright and Airy Hillcrest. You will Fall In Love with it!
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.
