DREAM HOME ALERT in The Planters – one of Cartersville’s Most Coveted Communities! Imagine pulling into your private cul-de-sac on a sprawling 0.63-acre lot, greeted by a stunning 3-sided brick masterpiece that turns heads the second you arrive. Welcome to 11 Berkshire Drive – a true showstopper with 5 bedrooms, 3.5 baths, and 3,736 sq ft of pure living luxury, built in 2002 and ready for its next chapter. Step inside and feel the wow factor: gleaming hardwood floors flow through the main level into a showpiece kitchen loaded with granite counters, fresh backsplash, stainless steel appliances, breakfast bar, and a walk-in pantry that makes cooking and hosting effortless. Formal dining and living spaces open seamlessly to an oversized enclosed patio, your year-round outdoor oasis for morning coffee, sunset dinners, or weekend gatherings that will be the envy of the neighborhood. Upstairs, five generous bedrooms with tray ceilings and massive walk-in closets give everyone their own sanctuary. The fully finished daylight basement with its own full bath is the ultimate bonus: home theater, gym, in-law suite, game room – you name it, it works. And yes, the 3-car garage handles all the toys, tools, and trucks with room to spare. But here’s what really seals the deal: you’re in The Planters, where resort-style living is just steps away. Think THREE community pools, a fitness center, clubhouse, pickleball and tennis courts, playgrounds, and sidewalks perfect for evening strolls. Low HOA keeps it affordable while delivering the lifestyle you deserve. Top-rated Hamilton Crossing Elementary and Cass schools, plus easy access to everything Cartersville and Atlanta have to offer. This is family living at its finest.
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.
