Welcome home to this stunning move-in ready 4-bedroom, 3.5-bath home located less than half a mile from beautiful Lake Allatoona! With every major upgrade already completed, this home offers the perfect combination of modern finishes, functionality, and lake-life convenience — and opportunities like this do not come around often. From the moment you arrive, you’ll notice the fresh exterior paint, brand-new board and batten Hardie siding, updated soffits, fascia, trim, and oversized 6-inch seamless gutters that give this home incredible curb appeal. Step inside to find hardwood floors throughout the main living areas, a spacious layout designed for family living, and a beautifully updated kitchen featuring gorgeous quartz countertops, abundant cabinetry, and an inviting eat-in area with a custom bay window bench overlooking the expansive backyard. The main level includes multiple living spaces, formal dining, and a full in-law suite or secondary master on the main with a private bath. Upstairs, you’ll find three additional bedrooms including a beautifully remodeled Jack-and-Jill bathroom with a luxurious soaking tub and advanced waterproof, mold- and mildew-resistant materials. The oversized primary suite features a walk-in closet with a dedicated vanity room and a fully renovated spa-style shower with today’s most desirable finishes. Outside is where this property truly shines. The backyard has been thoughtfully opened with over 30 trees removed, creating a rare flat usable yard perfect for kids, pets, entertaining, or future additions. Enjoy the oversized newly rebuilt rear deck measuring over 40 feet long and 12 feet wide, built with sturdy 6x6 construction and ready for gatherings all year long. A basketball pad, remaining play area and swingset, and existing slab for a future outbuilding add even more versatility. Need space for your toys? This home features one of the most impressive garages in the neighborhood — an oversized extra-deep and extra-wide 3-car garage capable of storing a 20-foot boat, large SUV, golf cart, lawn equipment, bikes, and more with room to spare. The unfinished basement offers endless future potential and has already been freshly epoxied for a clean finished feel. Located in a highly sought-after neighborhood with pool, tennis courts, basketball court, playground, and open field access — all while enjoying an HOA flexible enough to accommodate your boat or camper — this property delivers the lifestyle buyers are searching for. You’re just minutes from marinas, camping, beaches, restaurants, and only a short drive or quick boat ride to JD's on the Lake, famously featured in the Netflix series Ozark. Zoned for highly acclaimed Boston Elementary School, E.T. Booth Middle School, and Etowah High School, this home truly checks every box. If you’ve been waiting for a fully updated, move-in ready home near the lake with space, upgrades, and unmatched versatility, don’t wait — homes like this rarely hit the market and this one is expected to go quickly.
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.
