3280 WYNTREE DR, Peachtree Corners, GA 30071
You will not want to miss out on this gorgeous contemporary home!!! This beauty is a sight to behold!!! Boasting four bedrooms, three bathrooms, two half baths, mother in law suite, theater, bar, and a game room it is extremely spacious and great for entertaining and accommodating guests!!! Stainless appliances, master on the main level and high ceilings among other fantastic features make this one you will not want to pass up. Enjoy a relaxing evening in the screened in jacuzzi area which also features a great sitting area. The air conditioned sun room with beautiful windows provides a perfect place to unwind after a long day or for having that first cup of morning coffee. From the sunroom you can step out onto the open deck to catch some sun. You will absolutely love the beautiful back yard and lower deck for entertaining. Some additional upgrades and rare features of this amazing home also include a solar system that significantly reduces electric bills and a built in generator that will automatically restore power in the event of power loss!! In addition there are two water collection systems which supply freshly collected rain water to not only the house but the irrigation system and run through a custom filtration system!! Check this one out today before it gets away!!!
You may be able to put down less than the total down payment amount of $261,123 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #10310228