650 MASON GROVE PKWY, Lawrenceville, GA 30043
Location! Location! Location! Welcome to 650 Mason Grove, Lawrenceville, GA 30043—a stunning brick-front end unit townhouse that still looks brand new. Meticulously cared for by its one and only owner, this 2-story home boasts 3 bedrooms and 2 ½ baths, exuding both style and comfort. Step into an open-concept floor plan that seamlessly connects the large great room, featuring a cozy fireplace, to a modern kitchen. The kitchen is a chef's dream with white cabinets, a huge island topped with granite countertops, stainless steel appliances, recessed lighting, and a walk-in pantry. It flows effortlessly into a bright sunroom, perfect for enjoying your morning coffee. Double doors lead you to the patio, offering a lovely view of the backyard, ideal for relaxing or entertaining. Hardwood floors span throughout both levels of the home, with tile in the bathrooms and laundry room for a sleek, cohesive look. The master suite is a luxurious retreat, featuring a tray ceiling, a spacious sitting room filled with natural light, and a bathroom with a double vanity, tile shower, and walk-in closet. Ceiling fans are installed throughout the home, ensuring comfort in every room. The secondary bedrooms are equally spacious, and the upstairs laundry room adds convenience to your daily routine. This smart home includes keypad entry and a garage with epoxy floor finishing, enhancing both security and aesthetics. Enjoy maintenance-free living as the HOA covers lawn maintenance, exterior maintenance (currently repainting the exterior), and even the roof. The neighborhood offers sidewalks throughout and fantastic amenities, including a beautiful pool. Located close to Coolray Field, home of the Gwinnett Stripers, the Gwinnett Exchange for dining and entertainment, and the Mall of Georgia for shopping and dining, this home provides easy access to everything you need. It's also near a hospital, grocery stores within walking distance, and close to HWY 85 and 316, making commuting a breeze. Live, work, and play with everything you need just minutes away. Don’t let this opportunity pass you by. Make 650 Mason Grove your new home today!
You may be able to put down less than the total down payment amount of $175,313 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: #7423551