This beautiful totally remodeled corner lot 5 bedrooms, 41/2 bath home on 1.5+ Acres in Whitewater School District! What more could you ask for? Plus, It even has a 1100 sf INLAW SUITE Apartment....Complete with a fully remodeled kitchen & shower, laundry, spacious storage, NEW renovated Bathroom with steam shower, a private glass/screen sunroom & stone patio with private entrance and large parking area plus a third car garage with workshop area. This home is essentially two homes in one-ideal for multigenerational living or hosting guests with unparalleled privacy and convenience. Nestled on a beautifully sloping, tree-laden lot, this exquisite home offers the perfect blend of luxury and practicality. With over 4,300 sq. ft. of living space, this property is designed for ultimate comfort and versatility. The main level is a true masterpiece with a soaring great family room and gas fireplace with large Primary Suite on the Main featuring a tray ceiling with a remodeled master bath with steam shower and large jetted tub. The newly remolded designer kitchen is a dream, complete with top-of-the-line stainless steel appliance, gas cooktop & range, with new redesigned pantry. Step outside to discover an entertainer's paradise with a new covered deck with dual fans, perfect for year-round outdoor enjoyment. This home has a large main level laundry room right off the kitchen. This home also features multiple flex spaces that can be adapted to suit your lifestyle-whether you need a home Bedroom, office, gym, or playroom. The oversized, two car garage with high ceilings offers plenty of room for storage with cabinets and shelving. Throughout the home, you'll find beautiful premium hardwood on the main and upper level and LVP flooring in the basement apartment, adding an elegant touch to every room. Additional features include a new security system, motion-activated outdoor lighting, and an in-ground sprinkler system. Conveniently located between Fayetteville and Peachtree City, this home is just minutes from Trilith Studio's Restaurants, Hotel & Art Community, Piedmont Hospital, and very close to Atlanta Hartsfield-Jackson Airport, and downtown Atlanta, offering the perfect balance of serenity and accessibility. You must see this home to appreciate all the features.
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.
