119 Kings Ct, Lawrenceville, GA 30044
3 beds · 2 baths · 1,482 sqft
If you are searching for the perfect house in Lawrenceville, look no further! This charming 3 bedroom 2 bath ranch home nestled in a quiet cul-de-sac is waiting for you! Built in 2020, this home features an open concept living, dining, and kitchen with a large island, quartz countertops, and stainless steel appliances perfect for entertaining or enjoying time with the family. Modern kitchen also has tiled backsplash, large farmhouse sink, and gray cabinets. Primary bedroom suite offers a large modern bathroom with huge tiled shower and double vanity. BRAND NEW LVP floors throughout including bedrooms and fresh paint make this home move in ready! FULL unfinished daylight basement with separate entrance is studded out for an additional bedroom, large closet, bathroom, kitchenette, and large living room space if you want even MORE room in the future. There is so much potential! Have kids or dogs? This house has a large level backyard that is completely fenced in, or simply relax on the deck and enjoy. Home comes equipped with security system on all doors and windows. All appliances sold with the house including brand new microwave, refrigerator, and washer and dryer! Convenient location close to elementary school, shopping, restaurants, Downtown Lawrenceville, Highway 29, and Pleasant Hill/I-85. Welcome home! You'll love living here!
Source: GAMLS #10343479
Source: GAMLS #10343479
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #10343479