2803 Torunn Ct, Atlanta, GA 30331
5 beds · 3 baths · 2,634 sqft sqft
PRICE ADJUSTMENT- Come take a look to own this beautiful 2 years new construction property where you'll have instant equity. 2803 Torunn Court, Atlanta, GA! This delightful 5-bedroom, 3-bathroom home spans 2,634 square feet and sits on a generous 10,018 square foot lot. Step inside to experience an open-concept layout that seamlessly connects the living, dining, and kitchen areas, making it perfect for entertaining and everyday living. The home boasts a secondary bedroom on the main floor, offering flexibility for guests or a home office. Upstairs, you'll find the spacious primary suite along with three additional bedrooms, ensuring everyone has their own cozy corner. Enjoy the convenience of air conditioning throughout the home, as well as a laundry area within the building. The attached garage provides ample space for parking and storage. Step outside to discover a large, level, fenced-in backyard—an ideal spot for outdoor activities, gardening, or simply relaxing in your private oasis. Don't miss out on this charming home at 2803 Torunn Court. It's ready to welcome you!!! ATTENTION: ACTIVE MILITARY & MILITARY VETERAN BUYERS' MAY BE ELIGIBLE TO ASSUME THE CURRENT VA LOAN ON THIS PROPERTY AT AN INTEREST RATE OF 4.75% CALL TO LEARN MORE DETAILS.
Source: FMLS #7388821
You may be able to put down less than the total down payment amount of $35,178 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7388821
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.
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: #7388821
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.