Welcome to 192 Chicopee Drive – Your Private Marietta Oasis Just Steps from the Square! Fall in love with this extraordinary, move-in ready home that combines luxury, location, and lifestyle. Nestled less than one mile from the vibrant heart of downtown Marietta, this stunning residence offers over 4800 square feet of beautifully finished living space—all without the restrictions of an HOA. Step inside to discover an open-concept main level designed for entertaining and comfort. A spacious family room flows effortlessly into a gourmet kitchen with views of your very own backyard retreat that includes a stone fireplace, lavish landscaping, an inground heated salt water pool that sets the scene for unforgettable outdoor gatherings and is your own resort-style private escape. Upstairs you’ll find an oversized primary suite with large primary bath and three additional bedrooms and one full bath that provides space and privacy for family and guests. Downstairs, the fully finished terrace level features a full studio apartment with bedroom space, kitchen, living area, second laundry, storage, and its own walk-out patio area. This home is perfect for multi-generational living, guests, or rental income. The crown jewel of this home is the lush, fully fenced backyard. Professionally landscaped and designed for relaxation, it boasts a inground heated saltwater pool, stone paver patio, covered seating area, lawn space, and even a garden area - a true outdoor sanctuary. New Roof - 2023. New water heater - 2022. Generac whole house generator. Don't miss your chance to own this rare gem where luxury meets convenience in the heart of Marietta. Walk to restaurants, shops, festivals, and more. No worrying about parking at the square, just walk or bike over for all the activities on the Square. This home truly has it all!
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.
