2815 Shoemaker Ln, Snellville, GA 30039
5 beds · 4 baths · 4,198 sqft
This is a fabulous, upgraded packed home in the renowned Trotters Ridge subdivision in Snellville. If simple elegance is on your wish list, this is the home you must see! The arched decorative iron door greets you as you approach the 3 1/2 side brick 5BR, 3 1/2BA home. This property features a newly upgraded kitchen with island stovetop and granite countertops and appealing backsplash and newly upgraded beautiful cabinets. As you utilize the kitchen you also interact with your family and guests in the open plan which peers into the welcoming family room, equipped with built in bookcases. You can step outside from the kitchen and family room onto a covered, upgraded composite back deck w/ exquisite ceiling fans making it a perfect place for outdoor family and friends gatherings. Can you believe in addition to the deck there is also a second newly added covered veranda outdoor space that also faces the large rear fenced backyard. Other upgrades include the generously tiled master bathroom and shower, cement walkway to rear daylight basement with ready to go theater and entertainment area with AV receiver, speakers for movie night or gameday enjoyment. The recently redone cement driveway, which leads to the 2 car garage with newer garage door. The garage floor has epoxy resin floor covering for your vehicles to be comfortable as well! The 5 attached TVs and basement entertainment receiver and screen are staying!! Potential buyers/agent must present pre-approval letter before being scheduled for showing appointment.
Source: FMLS #7508146
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7508146
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.