If you’ve been looking for a home that’s comfortable, practical, and close to everything you need, this one is going to be on your shortlist. Step inside to a welcoming layout with an office on one side, a separate dining room on the other, and an open family room and kitchen across the back of the home. The main level bedroom and full bath are perfect for guests, grandparents, or anyone who prefers to skip the stairs. The kitchen has what everyone wants right now: white cabinetry, granite countertops, stainless steel appliances, and an island with seating that naturally becomes the hangout spot, all overlooking a large, flat, fenced backyard with a covered patio. Upstairs is designed for everyday living, not just looks. A loft/bonus room makes an easy media room, playroom, or second living space for game nights and movie marathons. The oversized primary suite features vaulted ceilings, a huge walk-in closet with custom built-ins, and a spa-like ensuite with soaking tub, large separate shower, double vanity, and tile floors, plus three additional bedrooms, a full bath, and a conveniently located laundry room at the top of the stairs. The backyard is the kind people hope to find: flat, sodded, fenced, and ready for kids, pets, or weekend get-togethers. Wildflower Park adds even more to daily life with a pool, clubhouse, tennis courts, playground, and nearby trails, plus you’re just a short walk from the 890-acre Little Mulberry Park with miles of trails, a fishing lake, and nature areas. The location makes day-to-day life really convenient. Publix is about half a mile away, Kroger just a few minutes more, and the Mall of Georgia, restaurants, and entertainment like Topgolf are all close by. Commuting is straightforward with quick access to Hwy 316 and I-85, and you’re in a highly sought-after school district with strong programs for kids. If you’ve been looking for a home where guests can stay comfortably on the main level, kids have their own spaces upstairs, and weekends can shift easily between backyard hangouts, park trips, and nearby activities, this one is going to feel like it was made for you.
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.
