Welcome home to easy, one-level living in the heart of Paulding County. This move-in-ready gem has been thoughtfully updated from top to bottom, featuring fresh paint throughout, brand-new granite countertops in the kitchen and all bathrooms, and a mix of durable LVP flooring and newer carpet in the bedrooms. The heart of the home showcases high ceilings and has an airy, open-concept layout designed for every occasion. The living room serves as a true centerpiece, featuring a cozy fireplace that adds warmth and charm to the space. Whether you're enjoying a dinner in the dining area or enjoying a casual morning coffee in the sunny breakfast room, the flow is effortless. The kitchen, complete with stainless steel appliances, connects seamlessly to the main living areas, making it a fantastic setup for entertaining friends or enjoying quiet evenings by the fire. The split-bedroom plan offers plenty of privacy, highlighted by a spacious primary suite featuring trey ceilings that add a touch of architectural sophistication. You’ll love the primary bath’s double vanities, separate shower and soaking tub, and the convenience of dual closets. Two additional bedrooms on the other side of the home share the hall bathroom. A dedicated laundry room is also a big plus. Practicality meets potential here. Big-ticket items are already checked off your list, including a roof replaced in 2020 and a water heater less than a year old. Need more space? The massive attic features a tall pitch, plywood flooring, electrical, and existing framing, offering a head start for anyone looking to expand. Adding to the home’s flexibility, the two-car garage has been thoughtfully modified into a dedicated home gym, finished with durable carpet tiles and a partition wall. This setup is perfect for those who prioritize wellness at home, but the possibilities are truly endless. Whether you envision a high-end workshop, a creative studio, or want to easily convert it back to traditional vehicle storage, the space is ready to adapt to your specific lifestyle. Outside, the patio and level lot is easy to maintain and provides a great backdrop for outdoor gatherings. There’s even a separate shed/barn for all your storage needs and small fenced in area for pets. Now all that's left to do is move in and start making memories. Come see and feel the inviting atmosphere for yourself. Schedule your private tour today and discover why this is the perfect place to call home. This home qualifies for 100% USDA financing.
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.
