Welcome to the charming community of Foothills at Rydal! When arriving to 13 Four Feathers Lane, you notice the quiet of the cul-de-sac and inviting rocking chair porch. Welcoming you into the home, the entryway draws your gaze upward to admire the grand two story foyer and showcasing the extraordinary open stairway. Leading into the dining room, you will find beautiful coffered ceiling and wainscot molding, which can be used as a formal dining room or office. As you enter the kitchen, you will be greeted by a large eat in kitchen with granite countertops, stainless steel appliances and walk-in pantry. You can only admire the oversized 5x8 island with plenty of gathering space for entertaining family and friends. Opening into the family room is where natural light cascades through many windows, creating a bright and airy atmosphere to cozy up to the beautiful stone wood burning fireplace. The open-concept layout seamlessly joins the family room area and kitchen with thoughtful design. As you explore the upstairs you will enjoy the owner's suite, with trey ceiling, and the newly installed carpet. This enormous retreat features an ensuite bathroom with dual vanities and large shower all with an enormous walk-in closet. Not to disappoint, the sunny secondary bedrooms are spacious with vaulted ceilings and newly installed luxury vinyl plank flooring. The upstairs bathroom includes dual vanity and newly installed floor as well. The laundry room is conveniently located in close proximity to the upstairs bedrooms. 10' walls and wainscoting are some of the details throughout this home. Step outside to discover the tranquil and highly pleasing outdoor living space that is perfect for lounging, recreation or hosting barbecues. Here, you can enjoy a covered porch that invites you to unwind and take in the serene oasis. Private yard surrounded by trees in back of the yard and privacy fencing all on .70 acres of this property which is beautifully landscaped and sodded. This exceptional home is meticulously maintained and is ready for its next owner! Community Perks: Take a dip and relax in the sparkling community pool, splash pad, and book your next event at the Club House. Don't miss out on this incredible opportunity! Schedule your tour today and envision your future in this stunning modern home. This location is minutes from downtown Rydal, and an easy drive to Cartersville and highway I-75. Convenient to parks, trails, shopping and dining!
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.
