Perched gracefully on nearly an acre in the established Williamsburg subdivision, this charming 1950s residence feels like a hidden retreat above the city. Set atop a gentle hill and welcomed by a classic horseshoe driveway, the home immediately invites you into a place where timeless character and everyday functionality meet. Step through the entry foyer, where beautiful slate stone flooring sets the tone for the home’s rich architectural personality. From the moment you enter, the eye is drawn upward to vaulted ceilings with exposed beams, creating warmth and architectural interest throughout the living spaces. Natural light pours through an abundance of windows and sliding glass doors, filling the home with a soft, uplifting glow. The family room sits at the heart of the home and flows effortlessly into a separate formal living room with a fireplace, creating the perfect setting for gatherings both large and intimate. Just beyond, the kitchen welcomes you with stainless steel appliances, butcher block countertops, an electric cooktop with separate oven, and a charming breakfast nook framed by a bay of windows overlooking the peaceful backyard. From here, access the two-car carport and convenient mudroom, designed for everyday ease. A cozy sitting room off the kitchen with its own fireplace adds yet another inviting space to relax with a book or enjoy quiet conversation. Throughout the kitchen, family room, and sitting room, real hardwood floors add warmth and continuity. The main dwelling features three bedrooms and two bathrooms, thoughtfully designed so that each bedroom enjoys private access to the glassed-in rear sun porch—a serene space to sip morning coffee, unwind in the evening, or simply enjoy the surrounding greenery. The primary owner’s suite offers generous space, dual closets, and direct access to the sun porch, while the bath includes tile floors, a dual vanity, tub, and separate standing shower. What truly sets this property apart is its two separate living spaces, offering incredible flexibility. The second dwelling, accessible from both inside and outside the home, provides a wonderful opportunity for multigenerational living, guest quarters, or rental income potential. This private space features a spacious family room with fireplace, a full eat-in kitchen with breakfast bar, and a primary suite with an en-suite bath. Below, an unfinished walkout basement with an additional fireplace offers endless possibilities for future expansion, storage, or creative space. Beyond the walls of this distinctive home lies one of Atlanta’s most convenient locations. Just minutes away you’ll find Downtown Atlanta, Mercedes-Benz Stadium, State Farm Arena, the Atlanta BeltLine, and Hartsfield–Jackson Atlanta International Airport, with easy access to all major interstates—making commuting, entertainment, and travel effortlessly within reach. Rich with mid-century character, natural light, and versatile living spaces, this Williamsburg gem is more than a home—it’s an opportunity to create a lifestyle that blends comfort, convenience, and possibility.
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.
