VA loan
1 of 73
VA loan
$475,000

1702 AMMON FALLS CT, Braselton, GA 30517

4 beds · 3 baths · 3,533 sqft

Nestled in highly sought after The Falls of Braselton, this Beautifully Renovated 4 Bedroom, 2.5 Bathroom Home is situated on a desirable Corner Lot with a 2-Car Garage and features amazing curated details you won't find anywhere else. The impressive layout features a spacious floor plan yet provides designated spaces for the proper entertainment and relaxation. As you step into the home, you will notice the fresh new paint, 6" base boards, and gorgeous luxury vinyl plank flooring which gracefully follows throughout the main level from the bright & airy living room into the dining area with a statement wood panel accent wall. The custom-designed gourmet kitchen is just around the corner - offering exquisite details such as white cabinetry, extended island with wood paneling and breakfast bar, stainless steel appliances, quartz countertops complemented by a sleek backsplash and modern light fixtures. Recessed lighting and modern fixtures illuminate throughout. The stunning modern fireplace will captivate any audience along with the custom built-ins that adorn the sides. Bright open windows showcase the private backyard space, and an exterior door off the cozy breakfast area leads you to the rare extended patio with a large hardtop gazebo, ideal for children and pets to play, enjoying crisp fall evenings or weekend barbecues. The allure continues in the beautiful primary suite, where you will find a jaw-dropping accent wall, trey ceiling and sitting area with ample space. The primary ensuite bathroom is equipped with a shower, luxurious soaking tub, a vast walk-in closet, and double vanity. Not to be outdone, the upper level with all engineered hardwoods offers a highly-sought-after loft area - perfect for a separate entertaining space, kid's play area or simple enjoyment. The secondary bedrooms and bathrooms are generously sized with modern light fixtures and beautiful details. The laundry room is equipped with built-in cabinets and storage space. No detail has been spared for the next homeowner as all upgrades including new roof were completed for low-to-no maintenance for years to come. Conveniently located, your new home is a short drive to shopping, schools, hospital, restaurants, grocery stores, parks, Chateau Elan, golf course, Braselton Trolley and so much more! The Falls of Braselton is located in the city limits of Braselton, a golf cart community, and includes top amenities such as olympic-size pool, clubhouse, playground, multiple tennis courts and easy access to Braselton Mulberry Riverwalk Trail which is 5 miles of walking trail next to the river. Elevate your lifestyle in a beautiful home that has been curated and designed to impress as effortlessly as it soothes with its modern features and aesthetically pleasing renovations. Welcome to your new haven - this is TRULY the one you've been waiting for.

Interest rate 3
2.75%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,543
With Roam
$2,311
Reduce your monthly payments by $768 when you assume this mortgage.
You also save $249,000 in total interest paid.

$122,371
Edit

You may be able to put down less than the total down payment amount of $122,371 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.

Location

Details

Home
Size
3,533 sqft
Lot size
0.2571 acres
Year built
2006
Type
Single Family Residence
Loan
Remaining term
27 years
Rate
2.75%
Monthly P&I
$1,543
Remaining loan balance
$352,628

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.

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Last updated: Sep 18, 2024 08:51 am
Listing agent: Lynn Bounnakhom
Listing provided courtesy of: Keller Williams Realty Atl Perimeter (678) 298-1600
Details provided by FMLS and may not match the public record.
MLS ID: #7454433
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,543/mo
View details