5830 Wilbanks Dr, Peachtree Corners, GA 30092
5 beds · 3 baths · 4,552 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautifully Renovated Home in Prime Peachtree Corners Location – Backing to Simpsonwood Park Welcome to this elegant brick and hardi residence nestled in the heart of Peachtree Corners. Thoughtfully updated throughout, this home offers a perfect blend of modern amenities and timeless charm — all just steps from the serene 223-acre Simpsonwood Park and the Chattahoochee River. Step inside to discover newly installed flooring and fresh interior paint throughout including all stipple ceilings removed & smooth, creating a bright, welcoming atmosphere. The fully renovated kitchen is a chef’s dream, featuring a new electric cooktop (2023), wall-mounted oven and microwave, stainless steel appliances, stylish soft-close white cabinetry with custom pull-outs, stone countertops, designer backsplash, and a generous breakfast bar and dining area. Upstairs, the spacious primary suite is a tranquil retreat with an updated spa-like bath boasting a frameless glass shower, dual marble-topped vanities, new fixtures, and elegant tile finishes. Secondary bedrooms are generously sized, and a flexible fourth bedroom offers the potential for a home office or additional bedroom with the addition of a closet. A large bonus room with ample storage is perfect for hobbies, play, or a private gym. The finished full bath stubbed terrace level features two versatile activity rooms, a dedicated media room, and an unfinished workshop/storage area—ideal for your creative or practical needs. Step out from either the kitchen or the 2 story fireside great room, onto the newly refinished, oversized deck and enjoy peaceful views of the private wooded backyard, which opens directly to Simpsonwood Park’s scenic trails. Additional highlights include a new HVAC system (2023) with Nest thermostats, new water heater (2023), new front-facing windows (2022), upgraded outdoor lighting, new ceiling fans, and all-new carpet upstairs. Located minutes from The Forum, Peachtree Corners Town Center, and top-rated schools including Simpson Elementary, Wesleyan School, and Cornerstone Christian Academy. Easy access to downtown Norcross, major highways, and multiple Chattahoochee River access points. This move-in ready home offers luxury, space, and nature — all in one of metro Atlanta’s prime locations & most sought-after communities.
Source: FMLS #7570176
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7570176
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.