Resort-Style Living in the Heart of Brookhaven Welcome to Unit 4308 at Villa Sonoma - a beautifully maintained 2-bedroom, 2-bath condominium offering the perfect blend of comfort, convenience, and exceptional amenities in one of Brookhaven's most desirable gated communities. This light-filled condo features an open and versatile floor plan with a separate dining room, office space, and inviting living area designed for both relaxing and entertaining. The bright kitchen showcases white cabinetry, granite counters, and open into the main living spaces. Both spacious bedrooms include custom closet systems, while the primary suite features modern bathroom upgrades for a fresh, elevated feel with separate vanities. The secondary full bath offers a convenient shower/tub combination, and the full-size laundry closet adds everyday functionality. Enjoy peaceful views overlooking the resort-style community pool from your private retreat, plus the rare benefit of TWO deeded parking spaces in the secured gated parking deck. Villa Sonoma is known for its unmatched amenities and true live-work-play lifestyle, including: Gorgeous resort-style swimming pool Fully equipped fitness center Private theater room Tanning room Game room with billiards table Resident lounge and gathering spaces Business center and conference room On-site management office Police substation for added peace of mind Expansive greenspace with turf lawn, covered patio seating, walking path, and outdoor gathering areas perfect for relaxing or entertaining Ideally located with easy access to I-285 and GA-400, and just minutes from Perimeter Mall, MARTA, hospitals, restaurants, shopping, and entertainment, this exceptional condo offers low-maintenance living with luxury amenities in an unbeatable location.
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
