1171 Pine Acre Dr, Sugar Hill, GA 30518
4 beds · 1 baths · 1,972 sqft
Welcome to this charming home in the heart of Sugar Hill! This beautiful two-story house offers 4 bedrooms, 2.5 bathrooms, and a warm, inviting design perfect for families. As you step inside, you'll find stunning tile flooring on the first floor and carpet throughout the rest of the home. The main level features a separate dining room, a spacious living area with an open layout, a cozy breakfast nook, and a well-appointed kitchen with ample cabinet space, stainless steel appliances, and elegant granite countertops. There's also a convenient half bath and a large laundry room. Upstairs, the oversized master suite boasts a generous walk-in closet and a private bathroom with plenty of space to unwind. Three additional bedrooms and a full bathroom complete the second level, providing plenty of room for family or guests. Outside, the private fenced backyard is perfect for entertaining, The expansive yard offers endless possibilities—whether it's gardening, setting up patio furniture, or giving kids and pets space to play. Located in a family-friendly community with top-rated schools, this home is also just minutes from shopping, dining, and entertainment in downtown Sugar Hill. Plus, with Lake Lanier nearby, outdoor adventures are always within reach. Don’t miss the chance to make this beautiful home yours! Schedule a showing today and experience the perfect combination of comfort, convenience, and charm.
Source: FMLS #7536125
Financials
Source: FMLS #7536125
Source: Public records
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.