Welcome to 2167 Cloverdale Drive SE, a beautifully updated home offering the perfect combination of charm, comfort, and convenience in one of Atlanta's most vibrant and rapidly growing areas. This inviting property delivers a lifestyle that blends modern living with easy access to everything that makes Atlanta an exciting place to call home. From the moment you arrive, you'll appreciate the home's welcoming curb appeal and thoughtfully designed living spaces. Inside, natural light fills the home, creating a bright and airy atmosphere that feels warm and inviting. The functional floor plan offers comfortable everyday living while providing the ideal setting for entertaining family and friends. The kitchen serves as the heart of the home, offering ample cabinetry, generous workspace, and a seamless flow into the surrounding living and dining areas. Spacious bedrooms provide comfortable retreats, while flexible living spaces offer room for a home office, fitness area, media room, or guest accommodations. Situated in Southeast Atlanta, this home enjoys a prime location near some of the city's most popular destinations. Residents appreciate easy access to the Atlanta BeltLine, East Atlanta Village, Glenwood Park, and numerous parks, trails, breweries, restaurants, and local shops. Outdoor enthusiasts will enjoy nearby green spaces and recreation opportunities, while commuters benefit from convenient access to I-20, I-285, Downtown Atlanta, and Hartsfield-Jackson Atlanta International Airport. Atlanta continues to be one of the Southeast's premier destinations for business, entertainment, dining, and culture. Living here means being close to world-class attractions, professional sports, renowned dining experiences, and countless opportunities for recreation and exploration. Whether you're searching for your next primary residence or a fantastic investment opportunity, 2167 Cloverdale Drive SE offers the perfect blend of location, lifestyle, and value. Don't miss your chance to own a piece of one of Atlanta's most exciting and evolving communities.
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.
