Welcome to 3395 Deer Valley Dr., a beautifully maintained 3-bedroom, 3.5-bath townhome ideally located in the heart of Alpharetta. Offering 1,584 sq ft of thoughtfully designed living space, this home features major system upgrades including a brand-new roof and new hot water heater, providing peace of mind for years to come. With no rental restrictions, this property presents an excellent opportunity for both homeowners and investors alike. The main level offers a functional, light-filled layout designed for comfortable everyday living and entertaining. The spacious family room is anchored by a cozy gas fireplace, creating a warm focal point for gatherings. The kitchen is equipped with stainless steel appliances, including a gas range, along with ample cabinetry and prep space, and flows seamlessly to the private rear deck — perfect for outdoor dining or relaxing. Upstairs, the primary suite provides a true retreat, featuring a dual vanity, separate garden tub, and walk-in shower, along with a generous walk-in closet. Additional bedrooms offer flexibility for guests, office space, or hobbies. The finished terrace level includes a full bath and versatile living area ideal for a media room, gym, or private guest suite. The home also includes a 1-car attached garage plus parking pad and is situated within the Deer Valley community with HOA-maintained grounds and common areas. Location is a standout feature — just minutes from Downtown Alpharetta, Avalon, and Halcyon, offering premier shopping, dining, entertainment, and year-round events. Enjoy convenient access to the Big Creek Greenway, local parks, and recreation, along with quick connectivity to GA-400 for easy commuting throughout North Fulton and Metro Atlanta. Zoned for Cogburn Woods Elementary, Hopewell Middle, and Cambridge High School districts. With major mechanical updates complete, flexible rental options, and a prime Alpharetta location close to lifestyle amenities, this move-in ready home is one you don’t want to miss.
3395 Deer Valley Dr, Alpharetta, GA 30004
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.
