Welcome to 2107 Rockmart Road in Rome, GA-where comfort, convenience, and charm come together to create the perfect home! Sitting just minutes from downtown Rome, this home offers quick access to Highway 101, Highway 411, Highway 27, and Highway 20, making it a breeze to get wherever you need to go. Also, according to GPS, Atrium-Floyd Hospital is 3.1 miles away and Piedmont Urgent Care is only 1.5 miles away. Grocery shopping at the local Kroger grocery store or Walmart is less that 3 miles away. For any home related maintenance, Home Depot and Ace Hardware is only a short drive away. From medical services to schools, from home goods and repair to shopping and restaurants - all are located within minutes of this home. With over 3,200 square feet of space, this home gives you room to spread out and relax. It features three generously sized bedrooms, each with its own full bathroom-perfect for privacy and comfort. The master suite is extra spacious, complete with his and hers closets for plenty of storage. On the main level, you'll find a formal living room and dining room, great for hosting friends and family. The cozy den connects right to the kitchen, making it the heart of the home. Step outside from here onto a huge deck-ideal for sipping your morning coffee or unwinding at sunset. Upstairs, the two bedrooms open onto a large, partially covered deck, offering a peaceful outdoor escape. And if you love spending time outside, you're in for a treat! The backyard is your own private oasis, featuring an inground saltwater pool, easily accessible through French doors from the bonus room. Speaking of the bonus room, it's a versatile space ready for anything-a game room, home theater, play area, or even a guest suite. It already has a kitchenette and an extra bathroom, making it perfect for visitors or a separate living space. This awesome home is located close to several golf courses, tennis courts, shopping, restaurants and local colleges. If you're looking for a home that offers space, convenience, and a great place to entertain - this is it. Come see it for yourself! Home needs a little TLC. ***SELLER IS MOTIVATED!*** Bring an offer!
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.
