6446 Sycamore Dr, Hoschton, GA 30548
5 beds · 4 baths · sqft
Coveted REUNION GOLF & CC invites you to this EXCEPTIONAL home situated on a private, cul-de-sac lot! NEW ROOF 5/2024!! The heart of this home is the chef-inspired kitchen, complete w/ floor to ceiling cabinets, sleek quartz countertops, massive island, gas cooktop, and massive windows with natural light flowing through ideal for preparing meals and entertaining guests. A convenient BEDROOM and FULL BATH ON MAIN w/ tiled, frameless shower offer flexible living options, while the upper level features 3 secondary spacious bedrooms w/walk-in closets, loft with entertaining space, and LUXURIOUS MASTER SUITE. Master features his/ hers custom closets and en-suite includes expansive tiled, frameless shower w/ rainfall showerhead and dual entry, dual vanities, plenty of cabinetry, and quartz countertops on top of tiled flooring. All bathrooms feature square sinks, tiled flooring, and quartz countertops. Another highlight of this home is the full, DAYLIGHT BASEMENT which is PARTIALLY FINISHED with all sheetrock, electrical, plumbing for full bath and wet bar, and HVAC ducts in place- just waiting for your personal touch! Relax outside on a spacious front porch or on the back deck or patio with firepit overlooking the private woods! Located in a prime location near Lake Lanier, hospitals, restaurants, and shopping, ALL of which are accessible by GOLF CART PATHS! Experience resort style living with pickleball, tennis, pool with slide, clubhouse with community restaurant, golf (extra fee), playground, greenspaces, and fitness center! Exceptional home, neighborhood, schools, and location!
Source: FMLS #7497343
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7497343
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: #7497343
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.