*Pick your own Paint!* Located in the award-winning Cresswind Peachtree City, this beautifully maintained home offers the perfect blend of comfort, functionality, and vibrant 55+ active-adult living. Featuring 3 bedrooms and 2 bathrooms across approximately 1,948 square feet, this thoughtfully designed floor plan is ideal for everyday living and entertaining. This home showcases an open and inviting layout with quality finishes throughout, creating a warm and welcoming atmosphere. The spacious primary suite provides a private retreat with a well-appointed en-suite bathroom and generous closet space. Two additional bedrooms offer flexibility for guests, a home office, or hobby space. The kitchen is designed for both convenience and style, featuring ample cabinetry, stone countertops, and a functional layout that opens to the main living and dining areas. Enjoy relaxed meals in the eat-in kitchen or host more formal gatherings in the adjacent dining space. Additional highlights include a dedicated golf cart garage, making it easy to take full advantage of Peachtree City’s 100+ miles of golf cart paths. The HOA provides peace of mind with included lawn care, security, fire protection, and irrigation services. Cresswind’s resort-style amenities were designed with active adults in mind and include indoor and outdoor pools, a fitness center, demonstration kitchen, ballroom, bistro, art room, and more. With over 30 clubs and organized activities, plus a full-time Lifestyle Director, there is always something to enjoy. Built by Kolter Homes and recognized as Atlanta’s Best 55+ Community, Cresswind Peachtree City offers a lifestyle centered on connection, convenience, and low-maintenance living—just 40 miles south of metro Atlanta.
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.
