The .25% reduction not enough for you? Well this Seller MAY provide concessions that can be applied toward a 2% interest rate buydown the first year, and a 1% interest rate buy down the second year with a qualified lender.* Additionally, receive up to $7,500 in closing costs or down payment assistance for qualified buyers through the Ameris Choice program. At its core, this is not just a house—it’s a living story waiting to unfold. Set on a spacious, flat lot in a quiet East Cobb neighborhood, this 3-bedroom, 2-bath ranch home balances peace and connection in equal measure. The private, fenced backyard offers a quiet extension of the home—perfect for unwinding, enjoying fresh air, and gathering in an intimate outdoor setting. Step into a home that breathes clarity and quiet elegance. Hardwood and ceramic tile floors flow seamlessly throughout, offering a clean, grounded foundation—every surface luminous in its simplicity, with no carpet to obscure light or collect dirt. Here, the open-concept kitchen and living room form the warm heart of the home—a place where sunlight, conversation, and comfort converge. Crisp white cabinetry and a timeless tile backsplash frame expansive counters, ready for intentional moments: morning coffee, a healthy snack, or creating meals that feed the body and soul. A brand-new stainless steel refrigerator and dishwasher bring subtle brilliance—tools of everyday life, chosen with care, ready for your story. Beyond that lies a second, and even larger living space offering flexibility—a cozy media room, library, or game room anchored by a floor-to-ceiling wooden bookcase that stands as an architectural promise: the promise of stories, ideas, memories—and the space to curate them. This home is thoughtful in its design. The laundry/mudroom, generous and organized with built-in shelving and a private side entry, transforms routine into ritual. Step outside, and the fully fenced backyard invites unhurried moments—pets leaping, slow afternoons under dappled shade, enjoying fresh air, and gathering in an intimate outdoor setting. A spacious shed stands ready—space for tools, dreams of your backyard oasis, or echoes of what happens next. While the neighborhood feels peaceful and tucked away, you’re only minutes from everything East Cobb and Marietta have to offer. Explore the shops and restaurants of Marietta Square, hike the trails at Kennesaw Mountain, or spend the day at nearby White Water Adventure Park. With quick access to I-75, the entire Atlanta metro is at your fingertips. This isn’t just a house. It’s a vessel of light and lineage. It invites you not just to live—but to matter here. To slow down. To gather. To mark time with intention.
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.
