Refined Living with Resort-Style Grounds in Providence Plantation Privately positioned on a beautifully wooded corner lot of nearly one acre, this extensively renovated residence offers timeless architecture elevated by thoughtful modern updates and exceptional outdoor amenities. Located in the sought-after Providence Plantation community, the property blends refined interiors with a resort-inspired backyard retreat. Since 2017, the home has undergone a comprehensive interior and exterior transformation. Wide-plank hardwood floors anchor the main living areas, complemented by carefully selected finishes and upgraded lighting throughout. The reimagined kitchen opens seamlessly to the living space and features custom cabinetry, a gas cooktop, wine refrigerator, and an effortless flow designed for both everyday living and elegant entertaining. A newly created mudroom adds functionality at the back entry, while the primary laundry room was relocated to the upper level for enhanced convenience. Major systems have been fully upgraded, including all HVAC units and ductwork with increased capacity and multi-zone support, professionally maintained under an ongoing service plan. Energy-efficient windows, Hardie siding, LED lighting, and attic re-insulation reflect a commitment to comfort, efficiency, and long-term durability. The finished terrace level offers flexible living space, including a custom bunk room, secondary laundry area, and abundant natural light—ideal for guests, recreation, or extended living needs. (Please note: the former kitchenette has been removed.) Outdoor living is truly exceptional. The backyard has been completely re-envisioned to create a private oasis, featuring a PebbleTec saltwater pool and spa, app-controlled for ease and year-round enjoyment. Expanded paver patios, professionally designed landscaping, and a Rain Away drainage system enhance both function and aesthetics. In 2025, the back deck was fully rebuilt with composite decking, complemented by meticulously maintained cedar posts and railings, delivering the look of new construction with lasting performance. Recent major investments include a new roof (2025), refreshed interior and exterior paint, restored pavers, new entry steps, and updated porch details—delivering peace of mind and elevated curb appeal. Offering privacy, scale, and an exceptional level of care, this residence presents a rare opportunity to own a fully modernized home in one of North Fulton’s most established and desirable 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.
