1474 JOSH VALLEY LN, Lawrenceville, GA 30043
***Lender credit $5,000 plus Seller concession available*** Welcome to luxury living at its finest in this modern and spacious masterpiece, perfectly situated in an unbeatable location within 10 minutes to Mall of Georgia, Coolray Field, and Exchange at Gwinnett. Boasting one of the largest floor plans available, this stunning 5-bedroom, 5.5-bathroom home is a true gem. The open floor plan seamlessly integrates the living and kitchen areas, creating an ideal space for both daily living and entertaining. The gourmet kitchen is a chef's dream, featuring a breathtaking granite island, and top-of-the-line stainless steel appliances. The oversized fireside living room offers a tranquil retreat with expansive windows that frame views of the enormous, level backyard—a perfect spot for outdoor gatherings or simply enjoying the peace and privacy of your surroundings. On the main level, the bedroom suite can easily serve as a luxurious master retreat, complete with a generously sized walk-in closet and a spa-like, updated en-suite bathroom. Upstairs, the master suite is incomparable in size and comfort, providing a sanctuary of relaxation and serenity. Additionally, a convenient laundry room is located on the upper level for added ease and functionality. Each of the three additional bedrooms on the upper level boasts its own private bathroom, ensuring comfort and privacy for every resident or guest. This home truly has it all, from its thoughtful design and impeccable finishes to its prime location and ample space—perfect for families seeking both luxury and practicality. Don’t miss your chance to own this exceptional property. Schedule your showing today and prepare to be impressed!
You may be able to put down less than the total down payment amount of $230,245 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: #7406793