671 Towering Pine Trl, Lawrenceville, GA 30045
4 beds · 2 baths · 2,350 sqft
Charming 4 Bedroom Ranch located in the award-winning Archer school district! Welcome home to this beautifully updated 4 bedroom, 2 bath ranch nestled in the vibrant Summit at North Cliff community! With 2,350 square feet of living space, this home is perfect for families and entertaining alike. Enjoy the bright and airy feel of the main living areas boasting new LVP flooring and fresh paint throughout, creating a cozy yet modern atmosphere. The heart of the home features an updated kitchen with stunning butcher block countertops and plenty of cabinetry, ideal for any culinary enthusiast. Retreat to the spacious bedrooms featuring new carpet and fresh paint, providing comfort and warmth. All bathrooms have been enhanced with new LVP flooring and fresh paint, ensuring a clean and fresh look. This home is equipped with a newer HVAC system and furnace paired with an Ecobee smart thermostat for optimal comfort year-round. Enjoy peace of mind with a new roof installed in 2022, and hot water heater installed in 2021 ensuring your investment is protected. The community offers walking access to a refreshing pool, a clubhouse, and tennis courts all just steps away! This home is located close to shopping, restaurants, major highways, schools, parks, and the very trendy downtown Lawrenceville entertainment scene. Do not miss this opportunity! This stunning ranch home combines modern updates with a desirable location, making it the perfect place for your family. Schedule a tour today and envision yourself living in this beautiful community!
Source: GAMLS #10386623
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10386623
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: #10386623
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.