1868 Lakeview Bend Way, Buford, GA 30519
4 beds · 4 baths · 2,860 sqft
Welcome to this stunning 4-bedroom, 4-bathroom home perfectly situated in the desirable Lakeview at Ivy Creek Community in Buford. From the moment you step into the grand two-story foyer, you'll be greeted by an abundance of natural light and exquisite custom details throughout. Designed for both comfort and style, the open-concept main level features a chef's kitchen with high-end cabinetry, granite countertops, stainless steel appliances, a walk-in pantry, and a spacious breakfast bar perfect for entertaining while cooking. The kitchen seamlessly flows into the breakfast area and fireside family room, and leads into to the elegant dining room. A guest bedroom and full bath complete the main floor. Enjoy a covered porch and deck over looking your private back yard and nature preserve. Upstairs, you'll find two generously sized guest bedrooms, each with their own ensuite bath, a spacious laundry room, and the crown jewel of the home an oversized primary suite. This luxurious retreat features a tray ceiling, cozy fireside sitting area, expansive walk-in closet, and a spa-like ensuite bath with a double vanity, soaking tub, and walk-in shower. LOOKING FOR EVEN MORE SPACE? The full, daylight walk-out terrace level has a finished flex room and the rest is unfinished and ready for your personal touch it's already stubbed for a bath and kitchen to create the ultimate custom retreat. Outside, Enjoy your private back yard with peaceful mornings and relaxing evenings in this picturesque setting. Lakeview at Ivy Creek offers fantastic amenities, including a pool and playground, and is conveniently located near top-rated schools, shopping, walking trails, and more. Just minutes from Hamilton Mill and the Mall of Georgia & Chateau Elan - this home truly has it all! Don't miss this incredible opportunity schedule your private tour today!
Source: FMLS #7519982
Source: FMLS #7519982
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.