1 of 48
$395,000 $SIGNI

Sign in to see required down payment for the 3.6% rate

1970 Furlong Run, Lawrenceville, GA 30043

3 beds · 3 baths · 1,524 sqft

BUY DIRECT AND SAVE!!! THE SELLER IS OFFERING A CLOSING CREDIT TO SAVVY BUYERS WHO DON'T NEED AN AGENT. YOU CAN SAVE BIG ON THIS HOUSE! **CALL FOR MORE INFO. Welcome home to this Gorgeous home in the highly desired Swim-Tennis Community @ Steeplechase! This 3/2/1524 sqft custom home has all of the modern finishes and upgrades that you have been looking for and has an unbeatable price. The workmanship and attention to detail on this one is incredible and a list of custom upgrades include: a beautiful landscape design in the front and back yard, luxury walnut floors, modern trim-less window casings, a custom fire place, an open-concept kitchen connected to the dining/living room, and 2 sets of double doors leading out to a private patio.. that is just the main floor! A custom rail system greets you as you head upstairs where there is a massive Primary suite, complete with a large sitting area, his/her closets & vanities, a soaking tub and tiles shower. Wow! Two other generously sized rooms feature a shared fully updated bath and one of the rooms has a large closet that can double as a play room. Outside on the patio there is customer concrete planters, and another huge custom fireplace that is ready for summer parties in your new fenced back yard. Too many upgrades to list them all, this home is a must-see and is conveniently located next to Sugarloaf/Pleasant Hill Rd, schools, shopping, Gas South District, and 85! HOA with Optional Swim & Tennis. CONTACT US FOR MORE INFO AND SCHEDULE YOUR PRIVATE TOUR TODAY!

Estimated
Seller's interest rate
3.6%
7%
Estimated
Principal & interest
$958/mo.
$1,331
You may also save up to $109,174 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $958 monthly payment

Financed
$SIGNIN
Location
Use two fingers to move the map
Details
Home
Size
1,524 sqft
Lot size
0.28 acres
Year built
1987
Type
Single Family Residence
HOA dues
$150.00

Source: FMLS #7546044

Loan
Remaining term
24 yrs and 5 mos
Loan type
FHA
Rate
3.6%
Monthly P&I
$958
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

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%. 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 resources
Frequently asked questions

What is Roam?

expand content

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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.

View all FAQs
Last updated: Apr 01, 2025 05:47 pm
Listing agent: David M McCulloch
Listing provided courtesy of: List For 1% (404) 861-1963
Details provided by FMLS and may not match the public record.
MLS ID: #7546044
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. © 2025 FMLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.