953 Lakebend Dr, Lawrenceville, GA 30045
6 beds · 5 baths · 5,636 sqft
Finally, A Lake Front, Finished Basement Brick Beauty With 6 Beds, 5 Baths, A Saltwater HEATED Pool & Spa, A Full Bed & Bath On The Main Level + Formal Living & Dining, All In The Award Winning Grayson School District, & Only 3.4 Miles From Brookwood High School. Conveniently Located In Knollwood Lakes Near Shopping, Dining, Starbucks, Piedmont Hospital, Tesla Super Chargers & Alexander Park! This Home Has It All. As soon As You Enter The Front Door, You Will Notice The Lake Glimmering Through The Wall of Windows In The Living Room From The Two Story Foyer. Passing By The Formal Living & Dining Rooms Into The Fireside Family Room Which Opens Ton The Eat-In-Kitchen & Keeping Room With A Second Fireplace! The Walk-In-Pantry With French Door Has Built In Shelves From Floor To Ceiling. The Kitchen Features A Double Oven, Tile BackSplash, Granite Countertops & Breakfast Bar + The Door To The Sun Deck + Stairs Down To The Pool & Lake! Upstairs, You Will Find An Enormous Master Suite With Double Doors To The Bathroom Featuring A Soaking Tub, Separate Tile Shower, Double Sinks & The Custom Closet of Your Dreams! Down The Hall There Are Two Jack-And-Jill Bedrooms With A Full Bathroom & Two Sinks, Plus Another Bedroom With An Ensuite Bathroom. Finally, The Finished Terrace Level Includes An Additional Bedroom, An Office, A Gym With French Doors & Wall Of Mirrors, & Three Open Flexible Space Areas - Great For A Pool Table, Bar, Home Theatre, Art Studio, Hobby Room, Etc. There Are Also Doors To The Flagstone Covered Poolside Patio. Knollwood Lakes Features Many Amenities Including A Neighborhood Pool, Clubhouse, Fishing & Community Events. The Flat Driveway & Two-Car Automatic Garage Makes Life Easy, Just One Step From The Kitchen!
Source: GAMLS #10371199
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10371199
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: #10371199
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.