390 17th St NW # 2039, Atlanta, GA 30363
2 beds · 2 baths · 1,423 sqft sqft
100% financing Available! Welcome to The Element - Your Oasis in the Heart of Atlantic Station! Discover the perfect blend of modern design and urban convenience in this highly sought-after community. This stunning ground-level condo features 2 spacious bedrooms, 2 bathrooms, and a bonus room that can be used as an office or cozy den. With two parking spaces in a gated private garage and a separate storage unit, you'll have everything you need for easy living. Step into an open-concept layout filled with natural light, featuring a spacious master bedroom with an en-suite bathroom that boasts a double vanity, tile shower with glass enclosure, a separate garden tub, and a custom walk-in closet. The master suite also has double doors that open directly onto a private patio, perfect for relaxing. The second bedroom offers ample storage and is adjacent to a full hall bathroom. The kitchen, overlooking the dining and family room, is equipped with granite countertops, a tile backsplash, stainless steel appliances, and stained cabinets, all complemented by beautiful hardwood floors. Step outside to enjoy the vibrant energy of Atlantic Station, with shopping, groceries, parks, restaurants, and entertainment just steps away. You'll also be minutes from major interstates, Hartsfield-Jackson Airport, Buckhead, and surrounding city attractions. This community offers fantastic amenities including a clubhouse with a grilling station, a pool, a Zen garden, a gym, and a dog park. Whether you're looking for luxury living or a prime location, this condo has it all!
Source: GAMLS #10416480
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10416480
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: #10416480
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.