3755 Laurel Brook Way, Snellville, GA 30039
4 beds · 2 baths · 2,544 sqft
If you are looking for a home with lots of character this spacious traditional country home is waiting for you! You will fall in love with the beautiful wrap around porch before you even get in the front door! Once inside you will be awed by the huge family room! In the kitchen the master chef in your home will find lots of cabinet space, a spacious pantry, stainless appliances and a kitchen island. Enjoy a quiet breakfast under a fantastic skylight. The huge laundry room boasts its share of cabinets, its own sink, and a brand new hot water heater. This home has 2 brand new furnaces and 2 brand new AC units! All the bedrooms are roomy and located on the second floor. The large primary bed room has a large walk in closet and private room that can be used for an office or creative space. And you will feel secure with the Xfinity Security System cameras covering all entries! If entertaining guests is part of your crew's regular activity, you will love the large back deck that includes the outdoor entertainment enclosure and the fenced in back yard! The raised garden beds give you an opportunity to sport your green thumb. The garage is ready for new owners with new springs and a new garage door opener. And best of all, this home has no HOA! Just off HWY 124, 10 minutes from Hwy 78 and downtown Snellville, 15 minutes from Stone Mountain, Loganville and Stonecrest, this home is everywhere you want to be! See it today!
Source: GAMLS #10351734
Source: GAMLS #10351734
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: #10351734