VA loan
VA loan
Coming soon
$625,000 SIGNIN

Sign in to see required down payment for the 2.75% rate

3119 Queens Walk NE, Atlanta, GA 30345

4 beds · 3 baths · 3,290 sqft

Move-In Ready Today! Discover this meticulously updated brick home nestled in the peaceful cul-de-sac of the highly sought-after Queens Walk neighborhood. Situated in one of the best locations in Briarcliff Northlake, this home offers the perfect blend of comfort and style. As you enter, you’ll be welcomed by beautifully refinished hardwood floors that flow through the classic, traditional layout. The formal living and dining rooms provide elegant spaces, while the open-concept kitchen, breakfast nook, and great room offer a modern, airy feel. The kitchen features stainless steel appliances, shaker-style cabinetry, timeless white subway tile, rich granite countertops, and charming farmhouse-style lighting. A bay window in the breakfast area overlooks the serene, private backyard. The light-filled great room boasts a cozy fireplace, built-in shelving, and ample storage space—perfect for both relaxation and entertaining. Upstairs, you’ll find the spacious primary suite, complete with brand-new plush carpeting. The luxurious, spa-like bathroom features marble countertops, a deep soaking tub, and a large, frameless shower. Two generously sized secondary bedrooms share a well-appointed Jack-and-Jill bathroom. Step outside to the private patio and fenced backyard, ideal for BBQs or enjoying peaceful evenings in the summer breeze. The two-car garage provides convenient access to the kitchen via a side entrance. Conveniently located with quick access to Emory, the CDC, VA Hospital, Toco Hills, schools, shopping, dining, and more.

Estimated
Seller's interest rate
2.75%
7%
Estimated
Monthly payment

$2,777
$4,042
You may also save up to $402,228 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $4,042 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.75%
Remaining term
26 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,777
Principal & interest
$2,251
Mortgage insurance
-
Property taxes
$193
Home insurance
$333
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
3,290 sqft
Lot size
0.1 acres
Year built
1984
Type
Single Family Residence
HOA dues
$0.00

Source: FMLS #7545629

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 14, 2025 07:59 pm
Listing agent: MARK SPAIN
Listing provided courtesy of: Mark Spain Real Estate (770) 886-9000
Details provided by FMLS and may not match the public record.
MLS ID: #7545629
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.
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