4280 Kingston Gate Cv, Atlanta, GA 30341
3 beds · 3 baths · 3,091 sqft sqft
Experience luxurious living in a prime location! This stunning 3-bedroom, 3.5-bathroom home is located in the prestigious gated community of Kingston Gate, just minutes from I-285, I-85, and Ga 400, all while enjoying the benefits of DeKalb County Taxes. Transom windows throughout the main floor fill the space with natural light, enhancing the spacious open floor plan. The beautifully updated kitchen features granite countertops and modern stainless steel appliances, perfect for any home chef. A stylish butler's pantry connects to the formal dining room and includes a chic bar area along with custom pull-out drawers and shelves from Closet by Design. The inviting living room boasts built-in shelves and a cozy fireplace, creating an ideal atmosphere for intimate gatherings. Adjacent to the breakfast area, a bright flex space is perfect for a home office or reading nook. Step outside to the serene deck, overlooking nature for a peaceful retreat. Upstairs, the primary suite serves as a tranquil sanctuary, complete with a sitting area and a beautifully updated ensuite bathroom featuring a soaking tub and separate shower. The primary closet has also been upgraded by Closet by Design. The daylight terrace level offers an extra bedroom, a full bath, and yet another flexible space for your needs. Located in a desirable neighborhood, this home is just a short distance from shopping, dining, parks, and top-rated schools. Don't miss the chance to transform this Atlanta gem into your dream home!
Source: GAMLS #10403490
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10403490
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: #10403490
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.