4349 NORTHMARK LN, Buford, GA 30518
Discover the epitome of modern luxury in this stunning single-family home situated within a top-rated school district. This stunning single-family residence features 4 bedrooms, 3.5 baths, and a spacious floor plan that perfectly blends comfort and style. Upon entering, you'll be greeted by an open-concept design, ideal for hosting gatherings or enjoying time with loved ones. The main floor showcases a beautifully finished living room with a cozy gas fireplace, creating a warm ambiance on chilly nights. The adjacent kitchen is a chef's delight, complete with a gas cooktop, stainless steel appliances, and modern lighting above the island. A walk-in pantry provides ample storage, while the open dining area is perfect for casual meals. Upstairs, a versatile loft space awaits, ideal for a home office or relaxation area. The primary bedroom suite is a serene retreat, offering a cozy sitting area for unwinding. The luxury continues in the fully finished basement, featuring a spacious living area perfect for movie nights or entertaining. A full bath and additional rooms provide endless possibilities for customization to fit your lifestyle. Outside, a beautifully landscaped yard offers the perfect backdrop for outdoor relaxation. With multiple parks nearby, outdoor recreation is always at your fingertips. Don't miss the chance to own this modern masterpiece in a highly desirable neighborhood. Schedule your showing today and experience upscale living at its finest! Conveniently located near Suwanee, downtown Buford, Mall of Georgia, Highways 85, 985, Buford Drive, and Peachtree Industrial!!
You may be able to put down less than the total down payment amount of $404,415 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: #10376875