314 Lake Bluff Ct, Suwanee, GA 30024
6 beds · 4 baths · 3,726 sqft sqft
*Your Dream Home Awaits!** Discover the perfect blend of comfort and elegance in this stunning 6-bedroom, 4-bathroom home located in the highly sought-after Suwanee area. Nestled in a community that radiates warmth and charm, this home, with a spacious open floor plan and warm hardwood floors throughout the main level, offers both style and functionality. The two-story fireplace serves as the heart of the home, creating a cozy focal point for gatherings.The kitchen features granite countertops, a stylish tiled backsplash, and a view into the inviting great room. Step outside onto the large new deck, perfect for summer barbecues, and enjoy access to the community pool, updated trails, and newly refreshed pickleball and tennis courts. A little TLC will make this house your perfect home, offering you an incredible opportunity to add your personal touch! The sellers are even covering the cost of new paint and updated carpet in one room-while the rest of the carpet is brand new. This rare find is conveniently located near shopping, restaurants, Downtown Suwanee and Top Golf. With its combination of charm, location, and potential, this home won't last long!! Act fast to secure your future in this amazing community!
Source: GAMLS #10355571
Source: GAMLS #10355571
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: #10355571