Peachtree Corners: Home Loan Pre-Approval is a Vital Tool in This Attractive Market

Key Takeaways:

  • Peachtree Corners was envisioned and built from its beginnings as a planned community.
  • One of Metro Atlanta’s most desirable towns, Peachtree Corners offers excellent schools, green spaces, a family-friendly environment, a high-tech economic base, and ready access to Atlanta’s big-city excitement.
  • Peachtree Corners has housing options for first-time buyers, families, and luxury buyers.
  • Multiple loan options are available to homebuyers in the area.
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Why Choose Peachtree Corners?

From its inception, Peachtree Corners has been a planned community. As early as the 1960s, it was envisioned as a town of homes, workplaces, services, and recreation that would eliminate much of the need for long commutes. Its development began with Technology Park/Atlanta, a campus to house high technology industries with low environmental impact to employ Georgia Institute of Technology (Georgia Tech) engineering graduates and others.

Development of executive neighborhoods began in the late 1970s, but it was only in 2012 that the area was incorporated and instantly became Gwinnett County’s largest city, with a population of almost 40,000. The decades-long focus on high-tech economic development and community-completing services and infrastructure has helped create more than 35,000 jobs in Peachtree Corners and a median household income (per the 2020 census) of $109,062.

Peachtree Corners children are served by the Gwinnett County Public Schools, the state’s largest district, whose schools, educators, and students earn numerous honors, awards, and scholarships. Among its 142 schools are specialty campuses focusing on STEM (science, technology, engineering, and mathematics), performing arts, and health sciences. Other area educational institutions include private and parochial schools, including two that focus on multicultural interaction, with bilingual instruction in English/Japanese and English/Chinese.

Homes come in sizes and styles from luxury apartments overlooking the city’s heart, to townhouses convenient to work and play, to amenity-packed estate homes, riverfront homes, swim-tennis communities, and senior living choices.

Fun and Fitness

Looking for fun and engagement? Peachtree Corners is abuzz with competitive sports, amusements and entertainment. The 21-acre Town Center features restaurants, retail shops, offices, and townhomes overlooking the Town Green, which hosts festivals, concerts, and holiday events. Just across a picturesque pedestrian bridge from Town Center are more retail and dining options along with fitness and spa services at The Forum outdoor mall.

In response to its Livable Centers Initiative, Peachtree Corners is building an interwoven system with 11.5 miles of trails enabling walkers, bicyclists, and runners to go from their residences to shops, restaurants, and office parks without encountering motorized traffic.

The city is also home to several parks offering state-of-the-art playgrounds, a dog park, amphitheaters, and sports fields. An outdoor fitness facility, humorously named “Fort Pain,” features an obstacle course, rope climb, and other challenges for the physically ambitious. Free skating, roller hockey, soccer, and baseball are just a few of the many competitive and individual sports and the parks host, and outdoor enthusiasts have nearly endless woodlands to explore, along with the Chattahoochee River and its endless opportunities to fish, kayak, or just relax.

With this kind of lifestyle, it’s easy to see why Peachtree Corners homes typically sell within a month of being listed. 

The Benefits of Living in Peachtree Corners

Quality of life in Peachtree Corners begins with safety. Gwinnett County’s per capita crime rates are considerably below the state and metro area averages.

Healthcare is near and abundant. In addition to hundreds of primary healthcare providers and specialists practicing in Peachtree Corners and neighboring suburbs, Gwinnett County is served by Northside Hospital-Gwinnett. This 388-bed facility offers a Level II Trauma Center, Strickland Heart Center, Gwinnett Women’s Pavilion, genetic testing for cancer, and many other specialized diagnosis and treatment departments. Metro Atlanta, of course, expands Peachtree Corners residents’ healthcare options with some of the region’s best-known hospitals and hundreds of clinics within short drives.

Downtown Atlanta is only about 20 miles from Peachtree Corners, offering professional sports, fine dining, world-class performing arts, and all the amenities and services you would expect of the nation’s sixth-largest metro area. (Not to mention easy access to the world, via the world’s busiest airport.)

As a planned community, Peachtree Corners enables residents to live, work, shop, and play close to home. Another advantage for homeowners is that while county taxes apply, Peachtree Corners does not assess municipal taxes on real properties within its city limits. 

Properties in Peachtree Corners tend to sell far faster than the national average, however, so there’s tremendous advantage in the Moreira Team’s Upfront Approval Guarantee that, in a bidding war for an attractive property, sets you ahead of buyers with traditional home loan pre-approval.

How the Moreira Team’s Upfront Approval Guarantee Can Help You Score a Home in Peachtree Corners

Whether you’re a first-time homebuyer or an experienced homeowner looking for a different lifestyle, Peachtree Corners, Georgia, could be your next home. Mortgage rates in Georgia can change quickly, so the Moreira Team’s expertise can be invaluable in choosing a purchase loan. Homes new to the market in this exquisite community can get snapped up quickly, so the firm’s Upfront Guaranteed Approval service is also a real advantage, putting qualified buyers ahead of the traditional home loan pre-approval.

Today’s low-inventory environment makes today’s housing market super competitive. So, to help you win the house you want — even in a bidding war — we offer our clients an Approval Guarantee that puts you in a superior position to buyers with traditional home loan pre-approval — and you can choose to waive the financing contingency.

  • Our Approval Guarantee program can help improve your chances of scoring the house.
  • Your offer is as close to a cash offer as possible.
  • You’re presenting the seller with a fully underwritten approval.
  • Most pre-approvals are based on credit and unverified income rather than being fully underwritten, and they are only good for 30 to 60 days.
  • Upfront Approval Guarantee verifies bank records, tax statements, credit scores, income, assets, debt-to-income ratio — and is good for 120 days.

Current mortgage rates and loan options in Peachtree Corners

Mortgage rates can vary widely depending on the property’s location, your financial measures (for example, credit rating, income, debt-to-asset ratio, and private mortgage insurance), the mortgage’s amortization term (typically either 15 or 30 years), down payment, and closing costs. Here are some recent examples:

  • $550,000 single-family home in Peachtree Corners combining excellent credit rating, 15-percent down payment and 30-year amortization: conventional mortgage with a nominal rate of 6.75 percent (APR 7.095) with monthly payments of $3,032
  • $300,000 townhouse in Peachtree Corners combining excellent credit rating, 10-percent down payment, low closing costs, and 30-year amortization: FHA mortgage with a nominal rate of 7.25 percent (APR 7.876) with monthly payments of $1,874

The Moreira Team’s free mortgage calculator can help find the best loan rates and terms for which you qualify. Next, enter your financial information on our Upfront Approval Guarantee page to far surpass the typical home loan pre-approval and be in your strongest position to buy the Peachtree Corners home you really want.