Welcome to this beautifully maintained 2017-built five bedroom, three bath in the highly sought-after Centennial Lakes community of Acworth, freshly painted top to bottom and move-in ready from the very first step inside! Step into a bright, open main level with engineered hardwoods running throughout and soaring nine-foot ceilings that make the whole home feel larger and brighter. The kitchen sits at the heart of it all, showcasing granite and stone counters, a center island, a walk-in pantry, and a cozy keeping room off the cooking space, the perfect spot for the people who always end up gathered where the food is! It opens seamlessly to the family room, where a gas log fireplace anchors the gathering spot, and a breakfast bar and eat-in area carry the everyday. The layout does something most homes in this range simply do not, placing a full bedroom and a full bathroom right on the main level, creating incredibly flexible space that works beautifully as a home office, a private guest suite, or a multigenerational setup. Upstairs you'll find four more generously sized bedrooms with luxury vinyl plank and carpet, walk-in closets, and those same nine-foot ceilings carried up from below. Plug in the day you arrive, because a Level 2 240V EV charger is already installed in the garage and ready to use, something you simply will not find on the other homes in this price range! Step outside and enjoy the corner lot that gives you more elbow room than most of the street, with a patio set up for slow mornings and weekend cookouts. But the real draw sits just past the fence, because Centennial Lakes delivers a true resort-style amenity package, all carried in the low HOA. Cool off in the Junior Olympic swimming pool with its 80-foot water slide, play a set on one of six lighted tennis courts, or enjoy pickleball, sand volleyball, three playgrounds, a 5,000 square foot clubhouse, and miles of walking trails winding past two community ponds with catch-and-release fishing. Beyond the gates, you're less than two miles from I-75, minutes from the boating and fishing of Lake Allatoona and the beach at Lake Acworth, and a short drive from the shops and restaurants of historic downtown Acworth and the dining and live music of downtown Woodstock! Families will love being zoned for the Clark Creek STEM Academy, E.T. Booth Middle, and Etowah High feeder, one of the most desirable school zones in all of Cherokee County, and youth athletes are just six miles from the world-famous LakePoint Sporting Community. Newer, move-in ready, and priced to sell, this is the kind of home that goes. Come see it before it does!
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.
