3640 Sentry View Trce, Suwanee, GA 30024
6 beds · 4 baths · 4,778 sqft
A fantastic opportunity awaits you for your future home in Morningview within sought-after North Gwinnett School District. Well maintained brick front, amazing 6-bedroom, 4.5-bath home is cozy with its open-concept floor plan and abundant natural light, ideal for today's lifestyle. Step into the two-story foyer, where you'll be greeted by spacious living/office and dining rooms, perfect for entertaining guests. The eat-in kitchen, with a walk-in pantry, and view of the large two-story great room, making it ideal for family gatherings. Additionally, there's a guest bedroom and powder room on the main floor for added convenience and flexibility. Upstairs, the spacious ownerCOs suite, complete with a sitting area, ensuite bathroom with double vanities, and two walk-in closets. Three additional bedrooms with 2 additional baths. The finished terrace level is an entertainer's paradise, equipped with a kitchenette, family room, Game/exercise room, full bath, bedroom and workshop. Walk out to the oversized downstairs deck with full size bed swing. Enjoy spending a lot of time outside where you can unwind and enjoy the privacy of the wooded backyard that features a dog guard invisible fence. Front yard irrigation, with landscape lighting. Morningview has an active swim/tennis community, including a junior Olympic-size pool, kids' pool, adult pool, tennis courts, pickleball courts, and access to the Suwanee Greenway. Conveniently located near I-85, the Mall of GA, restaurants, and parks, this home has it all.
Source: GAMLS #10356351
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10356351
Source: Public records
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.
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 “Get Notified” 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 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.
MLS ID: #10356351
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.