Welcome home to this beautiful Napa Valley plan. Very sought after floor plan, they don't build anymore. This home will not disappoint the pickiest buyer.This aprox. 2591 square feet home is located in the desirable Sun City Peachtree community. This impressive home has 3 bedrooms and 2 full bathrooms. Upon entering you will be pleased by an open concept design that seamlessly flows between the living room,dining room,kitchen, sunroom and keeping room with fireplace. The gourmet kitchen is a chef's dream with modern appliances that remain, generous cabinetry and convenient breakfast bar perfect for preparing meals or entertaining guest. Cozy up in the keeping room and watch TV and enjoy the fireplace. The sunroom is open to the living room and provides plenty of sunshine and windows for enjoying nature at its best. The luxurious primary suite offers a spa like ensuite bathroom featuring dual vanities and spacious walk in shower. The closet is very large. the additional two bedrooms are equally roomy and comfortable. With an extended two car garage plus space for golf cart parking you will have plenty of room for your vehicles and there is a walk up staircase for more storage. The laundry room is well appointed with storage as well. Plenty of closet space throughout the home.This home is in a great area where you could walk to the grand kids park, enjoy softball or the dog park. Living in Sun City Peachtree means access to a wealth of exceptional amenities, pickleball, tennis, bocce ball, indoor and outdoor pools, two story gym and theatre. So many clubs and countless social events. There is something to do for everyone. Don't miss out on this extraordinary home, It is a perfect blend of luxury, comfort and active living. The loan on this home is assumable . Call me for details and to schedule an appointment.
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.
