Welcome home to this lovingly maintained retreat, proudly cared for by the same family for over 20 years. Tucked away on a peaceful cul-de-sac lot, this spacious home offers the perfect blend of comfort, versatility, and natural beauty all within minutes of the best that Kennesaw has to offer. Priced below the neighborhood, this home offers a fantastic opportunity for the buyer ready to add their personal touch and a little TLC to make it truly shine. Step into a welcoming foyer that sets the tone for the thoughtful layout throughout. The main level offers multiple spaces designed for gathering and making memories, from cozy movie nights by the gas fireplace in the great room, to dinner parties in the separate formal dining room. The open kitchen features stainless steel appliances and a sunny eat-in area, making everyday living a pleasure. Slide open the glass door and step onto the back deck, where a lush, private wooded tree line and the peaceful sounds of nature create your own personal oasis, perfect for morning coffee or evening entertaining. Upstairs, the generous primary suite is your sanctuary, complete with two closets, including a spacious walk-in, a soaking tub, and a separate stand-up shower. Two additional well-appointed bedrooms and a full bath round out the upper level, offering comfort and space for everyone. The finished basement is truly a blank canvas brimming with potential. Whether you envision a private in-law suite, a teen retreat, a roommate friendly living quarters, a media room, or a home gym, this flexible space delivers. Featuring a living room, a bedroom, and a dedicated storage room, there is even room to add a bathroom, making this level as functional as your imagination allows. Complete with its own private patio and separate entrance and exit, this space offers an added layer of independence and separation, perfect for guests, extended family, or rental potential. Located in highly sought-after Allatoona High School, this home is ideally positioned just a short drive from the vibrant heart of downtown Kennesaw. Enjoy year round access to local festivals, diverse dining, boutique shopping, and so much more, all while coming home to the tranquility of a private, residential setting. The best of both worlds awaits. This home has been filled with love and is ready for its next chapter. All it needs now is you!
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.
