3378 Peachtree Chase, Duluth, GA 30096
4 beds · 2 baths · 2,684 sqft
This completely renovated, light-filled home with modern finishes is exactly what you've been looking for! The open floor plan seamlessly connects the spacious kitchen, living room with cozy fireplace, and dining area. The kitchen is a chef's dream with white quartz countertops, soft close cabinets, an apron-front farm sink, 6-burner gas stove, pot filler, stainless steel appliances, range hood, and a custom island large enough for seating and storage. This home offers 3 bedrooms and 2 full bathrooms all on the main level PLUS a versatile flex room downstairs to suit your needs. Do you desire a 4th bedroom, teen suite, in-law space, rec room or home office? This adaptable space can do it all! Next to the flex room is ANOTHER unfinished room just waiting to be customized. The primary bedroom is a true retreat, featuring two closets, French doors that lead out to the back deck, and a luxurious en-suite bathroom. The primary bath has a wet room, complete with a soaking tub and shower, double vessel sinks and sleek lighting. Rounding out the main level are two more large bedrooms, laundry with washer and dryer and the renovated hall bathroom. Throughout the home are new LVP floors, new recessed lighting, and a whole house fan that ensures year-round comfort. The newly replaced and extended front porch provides plenty of space to unwind, while the enormous back deck and private backyard is perfect for gatherings. The roof is also BRAND NEW making this home completely move in ready. Located at the end of a quiet cul-de-sac street in a well maintained subdivision with NO HOA, this home is zoned for the desirable Peachtree Ridge school cluster. Only minutes to I-85, Bunten Road Park, Downtown Duluth's shops, restaurants and entertainment, Gas South Arena, and golf at Sugarloaf Country Club. Don't forget to check out the 3-D home tour!
Source: FMLS #7551796
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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.
Source: Public records
Source: FMLS #7551796
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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.
How can you find assumable mortgage listings?
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.
How do I qualify for an assumable mortgage?
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.
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