1054 SUNNY FIELD LN, Lawrenceville, GA 30043
LOCATION!!! GREAT GWINNETT SCHOOLS!! 3777 sq ft of living. Beautiful brick front home with an inviting front porch. lots of windows and great natural lighting through all levels of home. Level lot. 4 large bedrooms upstairs, a potential in-law suite in full finished basement, 3 1/2 baths. 2-story foyer, living room/office/bedroom on the main, oversized dining room, large cozy family room with lots of details/upgrades/windows/cozy brick fireplace, large kitchen with custom white cabinets/stainless steel appliances/view to private backyard, breakfast area with bay windows/access to large screened in patio, high ceilings, crown molding, hardwood floors. You will want to spend all summer on the back porch overlooking the privately fenced-in backyard. Master bedroom boasts tray ceilings & a walk-in closet (with elevator access!), while the ensuite includes dual sinks, a soaking tub and a separate shower. All secondary bedrooms shares spacious hallway bathroom. full finished basement with lots of windows, spacious rooms for tons of living space, private access and private screened in patio with access to level backyard, which includes a living area, bedroom, full bath & a library/office lined with bookshelves. 2-car garage with long level driveway. The Fielding offers residents amenities that include a neighborhood pool, clubhouse, tennis courts, and sidewalks. Easy access to great Gwinnett Schools, shopping, restaurants, parks, 85, 316, etc. Elevator is assessable on all level of home (must be serviced. current owner never used) tons of upgrades to list. MUST SEE TO APPRECIATE! CALL FOR EASY SHOWING.
You may be able to put down less than the total down payment amount of $127,188 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7426116