FINAL OPPORTUNITIES!!! Situated in the trendy West Midtown district, known for its artisanal vibe, industrial minimalism, top-tier retail, and some of Atlanta’s best restaurants, Park Vue offers the perfect balance of urban convenience and serene living. This sought-after neighborhood is also home to high-tech companies, making it a prime location for both work and leisure. Just steps from Westside Park (recently renamed Shirley Clarke Franklin Park to honor Atlanta's former Mayor), Atlanta's largest greenspace, Park Vue offers exclusive community amenities including a gated entrance, a resort-style pool, a shaded cabana, and a cozy neighborhood fire pit surrounded by Adirondack chairs. The beautifully designed two-story Cedar END UNIT townhome boasts over 1,500 square feet of modern living space. The main floor features an abundance of natural light with an open-concept layout, the gourmet kitchen is equipped with a large center island, natural gas cooking, and Quartz countertops. Adjacent to the kitchen is an airy dining area and a generous family room perfect for gatherings and relaxation. This home also includes a conveniently located powder room on the main floor. Upstairs features three spacious bedrooms, including a luxurious Primary Suite that serves as a peaceful retreat. The Primary Suite is also flooded with natural light and features a spa-like bathroom with a frameless glass walk-in shower, dual vanities, and a large walk-in closet. Two additional guest bedrooms are located on the 2nd floor with ample closet space and share a well-appointed full bath. A versatile loft area adds further flexibility - ideal for a home office, workout space, or reading nook. Your new home is complete with enhanced 5" luxury vinyl flooring throughout, ceramic tile, designer lighting, sleek iron railings, energy-efficient windows, and a private one-car garage with extra storage. This END UNIT on homesite/lot # 206 is building now for an August closing! For further details and information on current promotions, please contact an onsite Community Sales Manager. Please note that any renderings are for illustrative purposes, and photos may represent sample products of homes under construction. Actual exterior and interior selections may vary by homesite.
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.
