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$479,000 SIGNIN

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4335 Burgomeister Pl, Snellville, GA 30039

4 beds · 2 baths · 3,372 sqft

Welcome to 4335 Burgomeister Place! This 4 Bedroom 3 Bathroom house is the perfect place to call home! With the low maintenance stucco and stone exterior, this house is perfect for a first time homebuyer or a seasoned buyer alike. Enter the foyer to find an office/den to your right behind the stairs and the formal dining room to your left. Continue past the front staircase and you'll enter your picturesque 2 story family room with a wall of windows. Then go up your rear 2nd staircase and go upstairs. At the top of the stairs, you'll find your Primary Retreat. The Primary Bedroom has trey ceilings, a fabulous ensuite and a wrap around walk in closet. Exit the bedroom and walk across the catwalk overlooking the family room and you'll find 3 secondary bedrooms. This house is in a great neighborhood with a clubhouse and pool. Come see it today!

Estimated
Seller's interest rate
4.25%
7%
Estimated
Monthly payment

$2,376
$2,923
You may also save up to $180,506 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,923 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
4.25%
Remaining term
27 yrs and 6 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,376
Principal & interest
$1,661
Mortgage insurance
$239
Property taxes
$159
Home insurance
$255
HOA fees
$60
Utilities
Not included

Source: Public records

Home details
Size
3,372 sqft
Lot size
0.34 acres
Year built
1991
Type
Single Family Residence
HOA dues
$60.42

Source: GAMLS #10499775

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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.

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 “Save search” 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.

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 620, 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.

View all FAQs
Last updated: Apr 25, 2025 06:08 am
Listing agent: Fred Sewell (706) 461-8712
Listing provided courtesy of:
Details provided by GAMLS and may not match the public record.
MLS ID: #10499775
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 © 2025 GAMLS. All rights reserved.
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$2,376
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