Stepless one-owner ranch located on a quiet cul-de-sac in the Concord Trace community. This immaculately maintained home offers 4 bedrooms, 2.5 baths, and approximately 2,175 square feet of thoughtfully designed living space. An inviting foyer opens to a long gallery-style hallway that leads into an open-concept living area ideal for everyday living and entertaining. All common areas and bathrooms feature luxury vinyl plank (LVP) flooring, providing durability, easy maintenance, and a clean, modern finish throughout the home. The chef’s kitchen features 42” cabinetry, modern lighting, double ovens, and an impressive oversized island with abundant storage, with the sink and dishwasher conveniently installed in the island. The kitchen flows seamlessly into the family room and overlooks the spacious, fenced backyard. All appliances, including the washer and dryer, are included. The owner’s suite is a true retreat, offering an oversized walk-in closet the size of a small bedroom and a spa-inspired bathroom with dual vanities and an extra-large, fully tiled shower featuring a shower head on each end and premium finishes. Two secondary bedrooms share a generously sized Jack-and-Jill bathroom, and both the primary closet and one secondary bedroom feature custom closet systems. The fourth bedroom is privately positioned and would also work beautifully as a home office, playroom, or other flexible living space, depending on your needs. Additional highlights include a screened-in rear porch with epoxy flooring, a pristine two-car garage with epoxy floors, a level lot, and meticulous upkeep throughout. The screened porch and epoxy floor upgrades were completed less than three years ago. Concord Trace offers HOA-maintained community dog walk conveniently located along the rear property line with easy access. Homes in this subdivision are rarely available and tend to move quickly, making this a unique opportunity for buyers. The home is minutes from major shopping, dining, and everyday conveniences including Publix, Kroger, Target, Lidl, and Home Depot, along with a growing selection of restaurants and retail along East-West Connector, Austell Road, Floyd Road, and Veterans Memorial Highway. Easy access to I-20 and I-285 makes commuting throughout Metro Atlanta convenient. The location also provides convenient access to nearby hospitals and medical facilities, including Wellstar medical centers and surrounding healthcare services. The area is also close to outdoor and recreation amenities, including the Silver Comet Trail, nearby parks and playgrounds such as Mableton Park and Nickajack Park, and public aquatic facilities like the South Cobb Aquatic Center. The surrounding area continues to experience steady growth and redevelopment, making this a highly desirable location for today’s buyers. Quiet street, modern upgrades, and true stepless living.
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.
