Welcome to 103 Waterside Drive, a beautifully maintained and thoughtfully designed home located in the desirable Waterside Subdivision of Calhoun, Georgia. With 3 bedrooms, 2.5 bathrooms, and approximately 2,005 square feet of living space, this two-story home offers the perfect blend of comfort, functionality, and modern upgrades in a peaceful neighborhood setting. As you step inside, you'll immediately notice the open-concept layout that connects the main living spaces, making it ideal for both everyday living and entertaining. The living room flows easily into the dining area and kitchen, creating a spacious and inviting atmosphere. The kitchen features granite countertops, stainless steel appliances, generous cabinet space, and a cozy breakfast nook—perfect for morning coffee or casual meals. Whether you're preparing a weeknight dinner or hosting a weekend gathering, this kitchen offers the space and flow that makes cooking enjoyable. Upstairs, all three bedrooms are located alongside a flexible loft area that can easily be used as a second living room, a home office, gym, or playroom. The owner’s suite is generously sized and includes a private bath with dual vanities, a soaking tub, a separate shower, and a walk-in closet. The two secondary bedrooms are well-proportioned and share a full bath, making this layout especially practical for families, guests, or roommates. Step outside into the fenced backyard, where you'll find a private and secure space that’s ideal for entertaining, gardening, or relaxing with loved ones. One of the standout features of this home is its location directly across the street from a scenic pond and walking trail. The view adds a peaceful backdrop to your daily routine and offers a unique sense of openness and tranquility that’s hard to find. Plus, because the pond and trail are part of the neighborhood's green space, you won’t have to worry about future development disrupting that view. This home also stands out thanks to its high-quality finishes, including crown molding in every room and uniform flooring throughout the main living spaces. As the former model home for the community, it includes many of the upgrades the builder showcased, making it a true standout in the neighborhood. Located within the highly rated City of Calhoun School District and just minutes from I-75, this home offers easy access to everything you need—shopping, dining, schools, and major job centers in Gordon, Bartow, and Cherokee Counties. Calhoun continues to grow in popularity for its small-town charm, strong sense of community, and convenient location in Northwest Georgia. If you're looking for a move-in-ready home that combines style, function, and location, 103 Waterside Drive should be at the top of your list. Schedule your private showing today and come experience what makes this Calhoun home so special.
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.
