This beautifully renovated, all-brick end-unit townhome offers the rare feeling of a private residence within an intimate, gated enclave. Designed for both elegant entertaining and everyday living, the home is anchored by a professionally landscaped garden by renowned Atlanta master gardener Ryan Gainey—lush, serene, and exceptionally private. A sun-filled foyer welcomes you inside and flows effortlessly into the expanded chef’s kitchen, featuring a like-new refurbished Sub-Zero and Dacor appliances, now fully open to the breakfast area and main living space. The living room is warm and inviting, complete with custom built-ins, a gas fireplace, and French doors that open to an outdoor terrace. A formal dining room with a walk-in china closet connects seamlessly to both the deck and the home’s signature “Champagne Room,” outfitted with a wet bar, refrigerator, and warming drawer—an ideal layout for hosting with ease. The upper level is dedicated to the owner’s retreat, offering a spacious bedroom, sunlit sitting room, walk-in closet, and spa-inspired bath with dual vanities and a whirlpool tub. A secondary bedroom suite with a generous walk-in closet and an upstairs laundry room complete this level. On the terrace level, you’ll find a comfortable family room with built-ins and a fireplace, a wet bar, and a large bedroom suite—perfect for guests or flexible living. An elevator services all three floors, adding both convenience and long-term livability. Additional highlights include exceptional storage throughout, brand new bathroom on terrace level, a custom linen-hanging closet, and a two-car garage with built-in cabinetry and easy access to the elevator. The Gables on Peachtree is a boutique community of just 20 residences, offering two gated entrances from Peachtree Road and Cantrell Road for privacy and security.
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.
