Tucked at the end of a quiet cul-de-sac in a peaceful Marietta neighborhood, this charming and meticulously maintained home offers an outstanding blend of comfort, thoughtful updates, and natural beauty. A welcoming front porch sets the tone as you enter into a spacious living room anchored by a fireplace and filled with natural light from large windows that overlook the serene wooded lot next door—an undevelopable parcel that ensures lasting privacy, plenty of deer and beautiful sunsets. The main level features one-level living with hardwood floors throughout and recessed lighting. The renovated kitchen includes updated oak cabinetry, new countertops and backsplash, a brand-new kitchen floor, and appliances including a 5-burner JennAir stove. The two bathrooms have been beautifully updated, and the home also features insulated, gas-filled double-glazed windows that significantly improve energy efficiency. Downstairs, the finished basement offers exceptional flexibility with a newly completed full bathroom, two heated rooms, and a private bedroom suite - perfect for multigenerational living, guests, or a home office setup. Outdoor living is just as impressive. A brand-new 12x24 deck with matching screened under-deck porch provides a shaded retreat with accommodations for a future hot tub. The large, level half-acre lot is fenced and filled with mature hardwood trees that provide beautiful shade for the home in the summer. A custom-built 12x16 shed with buried electrical service and wall-to-wall pegboard offers an excellent workshop space. Additional improvements include a 30-year architectural roof and fresh interior paint. With virtually no traffic on the cul-de-sac and a yard ideal for play, this 2-owner home has been lovingly cared for and thoughtfully updated so the next owner can simply move in and start enjoying it from Day One. Conveniently located near major shopping and the Silver Comet Trail, this exceptional home offers peaceful living in a quiet neighborhood—truly one you won’t want to miss.
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.
