VA loan
1 of 59
VA loan

390 SUWANEE AVE, Suwanee, GA 30024

3 beds · 3 baths · 0 sqft

Welcome to 390 Suwannee avenue at Shadowbrook at Town Center, nestled in the Suwanee at Town Center community. A community that offers a park like setting at every turn with beautiful landscaping, tree-lined streets, and well-maintained public spaces that encourages residents, both 2 and 4 legged varieties, to get out an enjoy their neighborhood. You'll experience a lifestyle where concerts, festivals, and community events are right at your doorstep and where the town green is the central hub of activity and a great place for outdoor fun. You'll also experience a diverse array of restaurants, cafes, and boutiques. Enjoy Pizza at Mellow Mushroom, delicious pasta at ippolito's, Taco Tuesday at Tequila Mama, a sweet treat at Rita's, and just across the street you can sample the finest beverages at Still Fire brewery. For those looking for an active lifestyle, there is an extensive network of walking, jogging, and biking trails and the Suwanee Creek Greenway is a nature lovers dream. With all that Suwanee at town center has to offer, you'll surely want to call 390 Suwanee Ave your new home. This stunning 3 BR/3 1/2 Bath townhome with new hardwood floors throughout the main and upstairs level, updated white kitchen cabinets and backsplash, an open floor plan, Fireplace, and floor to ceiling windows that floods the room with natural light. You'll access the beautiful deck with plenty of space to relax and enjoy your surroundings with privacy fencing on either side and additionally privacy as your view is of a green space/park with no neighbors directly behind. Head back in and upstairs with a half bath at the bottom of the stairs. Then you'll head up to the primary bedroom which boasts a beautiful glass enclosed tile shower with separate tub and double vanity en suite, with 2 nicely appointed additional bedrooms and full bath. Head downstairs to the terrace level where you'll find an additional Full Bathroom and flex space that could easily be considered a 4th Bedroom, Workout Room, or office and just outside the terrace door you'll find a 2 car garage accessed through the back of the property with ample storage overhead and along the walls. This home is centrally located and convenient to both North Georgia and Atlanta and is located the sought after North Gwinnett High School district. Come Fall in Love with 390 Suwannee Avenue and the lifestyle that awaits!

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.

Location

Details

Home
Size
0 sqft
Lot size
0.05 acres
Year built
2005
Type
Townhouse

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.

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Last updated: Sep 18, 2024 09:41 am
Listing agent: Thea Marcacci (678) 468-4500
Listing provided courtesy of: Keller Williams Realty Atl. Partners (678) 318-5000
Details provided by GAMLS and may not match the public record.
MLS ID: #10347039
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.