Welcome home to this stately 4-sided brick ranch tucked away on a private 1.0-acre flag lot with no subdivision and no HOA, offering the perfect combination of privacy, convenience, and one-level living. Located in the highly sought-after Harrison High School District with award-winning schools, this exceptional home is just minutes from West Cobb shopping, dining, parks, and everyday conveniences. A long private driveway leads to the attached 2-car garage with abundant additional parking. Relax on the inviting covered front porch or entertain on the oversized covered rear porch overlooking the fenced backyard, sparkling inground pool, expansive patio, and peaceful wooded surroundings that create a true backyard retreat. Inside, you're welcomed by a tray ceiling foyer with a coat closet and double-door entry that opens to a spacious formal living room with crown molding and chair rail, perfectly suited as a formal dining room or home office. The breathtaking fireside family room features a soaring cathedral ceiling, stacked-stone fireplace, and hardwood flooring that flows throughout the main living areas. The bright, open kitchen offers white 42-inch cabinetry, stone countertops, tile backsplash, large island, stainless steel appliances, gas range, wall cabinet pantry, and a charming bay-window breakfast eat-in kitchen area. Conveniently located main level laundry room, guest powder room, and garage entry. The luxurious primary suite features a beautifully renovated spa-inspired bath with a tiled walk-in shower, freestanding soaking tub with tile surround, double vanity with smart mirrors, tile flooring, and a spacious walk-in closet. Upstairs, the oversized bonus room provides flexible space for a recreation room, media room, home office, or optional fourth bedroom. The thoughtfully designed split-bedroom floor plan offers exceptional privacy with a separate guest wing that includes a spacious guest suite with its own kitchenette, plus an additional guest bedroom with a walk-in closet and private ensuite bath featuring tile flooring and a spa-style walk-in soaking tub. Designed for comfortable multi-generational living, this home includes ADA-friendly features, including stepless entry, wheelchair accessibility, and an intercom system connecting the guest suite to the primary suite. If you've been searching for a rare combination of privacy, space, accessibility, and resort-style outdoor living in one of West Cobb's most desirable school districts, this is the one you've been waiting for. Special Buyer Incentives Available! Take advantage of the Buy Before You Sell Program, enjoy a one-year temporary rate buydown (1% below market rate) OR a closing credit at no cost to the buyer, courtesy of Mark Baker/SWBC Mortgage.
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.
