2071 Vicarage Ln, Snellville, GA 30078
4 beds · 3 baths · 3,230 sqft sqft
An Executive Home w/ Next-Gen Living! Step into luxury with this stunning 4-bedroom, 3.5-bath home boasting elegance and sophistication. You are welcomed by a grand 2-story foyer that leads to the formal living and dining rooms perfect for refined gatherings. The heart of this home is its expansive, chef-inspired kitchen, featuring abundant custom stained cabinetry, extensive granite countertops fit for meal preparation and gourmet entertaining. The eat-in dining area seamlessly flows into the inviting family room, adorned with coffered ceilings and a cozy fireplace, this space is ideal for both intimate evenings and large-scale entertaining. Upstairs, the oversized primary suite is a private retreat, offering a sitting area with custom built-ins, a second fireplace, and a spacious walk-in closet. The spa-inspired luxury bath features dual vanities, a jetted tub, and a glass-enclosed shower, creating a serene sanctuary. Two additional, generously designed guest bedrooms, and full bath complete the upper level. The fully finished basement is designed for multi-generational living, offering a fully equipped kitchen, a spacious bedroom, full bath, and a versatile living or recreation space, all with a private entrance. Outside, enjoy the intimate yet lush backyard, making for a private oasis, thoughtfully curated for both beauty and function. The plush green lawn is meticulously maintained, creating a serene, garden-like atmosphere. The oversized deck and patio provide ample space fit for hosting gatherings or relaxing in style, offering a perfect blend of comfort and elegance in a cozy picturesque setting. This exceptional home is ideally located about a mile from the The Shoppes at Webb Ginn and other local amenities. Residents of this gated community enjoy the peace of mind and security provided by the guardhouse, as well as the opportunity to socialize and relax in the community's swimming pool, tennis courts, playground and clubhouse. This home is the epitome of grandeur, combining timeless design with modern comforts for executive living at its finest.
Source: GAMLS #10346455
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10346455
Source: Public records
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: #10346455
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.