3960 ANCROFT CIR, Peachtree Corners, GA 30092
Welcome to the home of your dreams, ready to be called yours! Nestled in the heart of Peachtree Corners, GA, this fully remodeled property will steal your heart from the moment you step inside. With 4 spacious bedrooms and 2.5 bathrooms, every corner of this home has been thoughtfully designed to offer the comfort and space you and your family deserve. The kitchen is a true centerpiece bright and spacious, with elegant gray cabinets, stainless stell appliances and a kitchen island perfect for gathering loved ones as you cook together. The first level boasts an inviting open concept dining area and a stylish sitting room. Just off the kitchen, a second living room with a cozy fireplace invites you to relax and enjoy peaceful moments. There's also a convenient half bath on this level. Upstairs, the master bedroom is nothing short of stunning. With an ensuite bathroom that features a separate shower and bathtub, a double vanity, and a walk-in closet, this space is your personal sanctuary. Plus, the laundry room on this level makes everyday tasks easier, positioned conveniently near the other bedrooms. The expansive backyard is a true outdoor oasis, perfect for creating unforgettable moments with family and friends. A beautiful deck invites you to unwind, enjoy outdoor dining, or simply take in the peaceful surroundings. Additionally, the property includes a two-car garage with a remote control, offering not only convenience but also the peace of mind that your vehicles are safe and secure. This home has everything you need to live unique moments in a welcoming, stylish environment. Don't miss the chance to make it yours!
You may be able to put down less than the total down payment amount of $315,768 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: #7452158