Designer showcase living on a flat 1-acre lot in North Fayetteville — approximately 5 minutes to Trilith, Town at Trilith, Trilith Studios, and the Arthur M. Blank U.S. Soccer National Training Center, around 10 minutes to Peachtree City, Trader Joe’s, shopping, dining, parks, golf, and entertainment, and an easy drive to Hartsfield-Jackson Atlanta International Airport. Welcome to 130 Virgil Drive, a beautifully appointed 5-bedroom, 3-bath, four-sided brick home offering space, style, privacy, and an incredible location. From the moment you arrive, this home makes a stunning first impression with an expansive front lawn, long driveway, covered front porch with custom swing, two-car garage, mature landscaping, picturesque views, and beautifully cleared front and rear yard spaces. The flat, fully fenced backyard offers exceptional usable outdoor space for entertaining, play, pets, gardening, or simply relaxing in a peaceful private setting. Inside, the home feels elevated and thoughtfully designed with hardwood floors on the main level, oversized baseboards, crown molding, wainscoting, iron stair spindles, wood stairs, five-panel interior doors, modern fixtures, upgraded lighting, and a beautiful designer color palette. The entry foyer opens to a flexible office or bonus room with oversized modern barn doors and a custom feature wall, while the designated sitting room offers coffered ceilings and an additional designer accent wall. The main level includes a full bedroom and full bathroom, ideal for guests, multi-generational living, or a private main-level suite. The heart of the home is the oversized open-concept living, kitchen, and dining area filled with natural light and views of the flat fenced backyard. The great room features a tray ceiling, gas-starter fireplace, built-in cabinetry, and open sightlines into the chef’s kitchen. The kitchen is beautifully designed with an oversized island, granite countertops, stainless steel appliances, double ovens, gas cooktop, recessed lighting, custom backsplash, apron-front sink, built-in beverage station, and a large walk-in pantry. Seller is also leaving approximately 1,000 additional square feet of hardwood flooring, offering valuable extra material for future use, repairs, continuity, or additional flooring projects. Upstairs features spacious guest bedrooms with large vaulted ceilings, well-appointed bathrooms, and a designated laundry room. The oversized primary suite is a true retreat with a large sitting room, tray ceiling, ceiling fan, electric fireplace, modern lighting, and a step-up bedroom area. The en suite includes double vanities, separate soaking tub, separate shower, private water closet, and a custom walk-in closet with hardwood floors, chandelier, makeup vanity area, and built-ins. Enjoy exceptional outdoor living from the covered rear deck with ceiling fans overlooking the flat, fenced backyard. Located in the Fayette County school system and zoned for Robert J. Burch Elementary, Flat Rock Middle, and Sandy Creek High, this home offers convenient access to Trilith Studios, Town at Trilith, Peachtree City, Fayetteville City Center, Trader Joe’s, golf and country club options, parks, trails, fitness, restaurants, shopping, entertainment, and airport access. A rare combination of quality, design, space, privacy, and convenience in one of Fayetteville’s most exciting growth corridors.
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.
