3577 SPLINTERWOOD RD, Peachtree Corners, GA 30092
Awesome locations in Peachtree Corners with $27k in renovations completed! This generously-sized 3-bedroom, 2.5-bathroom townhome is move-in ready and offers a peaceful and private patio for your serene enjoyment. New floors throughout the entire townhome! Modern Main Level: The main level features a well-equipped brand new kitchen with new cabinets, countertops, new stove, dishwasher and microwave making meal preparation a breeze. A convenient 1/2 bath and laundry area are nearby. The dining area seamlessly connects to the spacious living room creating an ideal space for easy entertaining. Luxurious Primary Suite upstairs you'll find a spacious primary suite complete with two closets and a recently renovated private bathroom, providing a tranquil retreat. Two secondary bedrooms with ample closet space and a full bath are also located on this level, ensuring comfort and convenience. Enjoy the peace of mind with a newer water heater and an A/C unit that's under warranty. Brand new washer and dryer and abundant Storage, This townhome offers the biggest floor plan in the community and includes an additional storage room, ensuring you have ample space for your belongings. Assigned Parking: Benefit from the convenience of two assigned parking spaces. Prime Location: The location is unbeatable, with quick access to I-85, I-285, PIB, Buford Hwy, numerous parks, shopping centers, and an array of dining options. This townhome presents an excellent opportunity to own a spacious and well-maintained property in a highly desirable location.
You may be able to put down less than the total down payment amount of $115,234 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: #10290355
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.