New Roof installed April 2026! Three sides brick, Woodstock retreat is move in ready located perfectly between downtown Woodstock and downtown Crabapple! Enjoy this fantastic location surrounded by elegant homes with a neighborhood pool, playground and trails! This well-balanced, open concept home has excellent sunlight and nestled with established evergreens and perennials. The main level welcomes you with a covered front porch, two story stone fireplace with a gas switch and a wall mounted TV, sound system with two speakers in family room, coffered two story ceiling and oversized window. Enter the spacious kitchen with stainless steel kitchen appliances including a new Bosch dishwasher (2025), new island pendant lighting (2026), plentiful cabinetry, generous island and walk-in pantry. Enjoy grilling outside on the freshly painted deck (2025) just off of the kitchen with a beautiful view of the deer strolling by. Head upstairs to the newer carpet with higher level cushioning throughout (2023). The primary bedroom features additional space perfect for nestling with a book - it feels like you are up in the North Georgia mountains! Separate vanities and updated primary shower door with separate soaking tub makes this home such a retreat! This corner lot has a Rainbird sprinkler system on three sides that is programmed for you to enjoy blooming throughout the year. New insulated garage doors (2025), sunlit laundry on main with washer and dryer, and a built in security system makes it easy to move in and get busy living. This corner lot provides privacy and flexibility for low maintenance or expansion opportunities for possible additional play area, garden or fire pit. The side, street level basement door provide privacy for multi-generational living, easy access for bikes or play gear, or larger office living for deliveries. Approximately 7 miles to Highway 575 and downtown Crabapple, and 6 miles to downtown Woodstock.
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.
