Welcome home to this custom 5BR/4BA home with fully finished basement and in law suite located in amenity rich Seven Hills. Space, style and functionality come together seamlessly with a bright, open layout, designer finishes, and stunning 2 story fireside family room. This Beautiful open concept w/grand entrance features rich hardwood floors throughout, versatile flex office or living room space, formal dining room, laundry room, plus bedroom & full bath on main! Beautifully appointed Kitchen with granite countertops, new SS appliances, tile backsplash surround w/pot filler, range hood and large island perfect for entertaining. Upstairs, retreat to the oversize owner's suite w/sitting area, gorgeous spa-like bath w/custom 2 person tile shower & spacious walk-in closet with laundry connections. 2 generously sized secondary bedrooms share a full bath with two sinks, and fourth bedroom features yet another full bath providing comfort and flexibility for family or guests The true showstopper is the newly finished, top-of-the-line basement, thoughtfully designed as a full in-law suite. This incredible space features a private bedroom, a custom luxury bathroom, and ample living space—perfect for multi-generational living, guests, and no detail left behind. One of the largest backyards in the community with wooded privacy, fencing and playset. Special features include 2 tankless water heaters, irrigation system. Seven Hills is an award winning community in the metro Atlanta area with sought after North Paulding schools, rich in amenities including club house, oversized pool, zero entry kids pool and splash pad, water slide, tennis, volleyball and pickleball courts, expansive green space, park and golf cart paths that run throughout. Enjoy outdoor living with a private fenced backyard and access to Seven Hills’ resort-style amenities including pools, tennis courts, clubhouse, and more. This home truly has it all—modern upgrades, incredible space, and a premier location. Don’t miss your opportunity to make it yours.
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.
