Welcome to this beautifully maintained 2-story brick home nestled on a quiet cul-de-sac in the highly sought-after Brookstone community, just steps from Ford Elementary School. Combining timeless elegance, thoughtful updates, and exceptional living space, this home offers the perfect blend of comfort, functionality, and lifestyle. Step inside to an inviting foyer flanked by a formal dining room and a versatile formal living room, ideal for a home office, sitting room, or flex space to suit your needs. The heart of the home is the spacious open-concept kitchen overlooking the warm and inviting fireside family room, creating the perfect setting for everyday living and effortless entertaining. Upstairs, you’ll find four generously sized bedrooms, including an impressive primary suite featuring a tray ceiling, spa-inspired ensuite bath with an elegant tiled shower, soaking tub, and an expansive walk-in closet room that provides so many storage options! The finished basement provides incredible flexibility and potential for multi-generational living, complete with a private apartment-style setup featuring a kitchenette and full bath — ideal for guests or additional living space. Enjoy peaceful mornings and relaxing Georgia evenings from the screened porch overlooking the large fenced backyard, where birdsong and mature surroundings create a tranquil outdoor retreat. This home has been thoughtfully updated with major improvements including newer HVAC systems, a water heater, windows, and garage doors, offering peace of mind for years to come. Residents of Brookstone enjoy outstanding community amenities including a swimming pool, playground, basketball courts, tennis courts, and optional membership opportunities at Brookstone Golf & Country Club for an additional fee. Located within the award-winning Cobb County School District and zoned for Harrison High School, Durham Middle School, and Ford Elementary School, this exceptional home also offers unbeatable convenience. Just minutes from shopping, restaurants, the YMCA, library, Publix, Kroger, Chick-fil-A, Starbucks, parks, and daily conveniences, with easy access to Highway 92 and Highway 120. Enjoy being only 15 minutes from Lake Allatoona, 20 minutes to Downtown Acworth, and 30 minutes to Marietta Square. An exceptional opportunity to own a beautifully updated home in one of West Cobb’s most desirable communities.
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.
