Exclusive Buyer Incentives on This Home. Receive Up to $10,000 towards buyers Closing Costs w/Preferred Lender + $0 Down Options* - Call Now Before It's Gone! Take advantage of this incredible opportunity and flexible financing options-making homeownership more accessible than ever. Reach out to me directly! Welcome to this beautifully maintained 5-bedroom, 3-bathroom home located in the heart of Snellville-offering the perfect blend of space, comfort, and long-term value. From the moment you walk in, you're greeted by a grand two-story foyer that sets the tone for the entire home. The main level features stunning engineered cherry oak hardwood flooring throughout, creating a warm and cohesive feel. To your left, enjoy a formal living room, and to your right, a formal dining room with coffered ceilings and elegant chair molding-perfect for hosting family gatherings and special occasions. The home opens into a spacious family room with a fireplace, seamlessly connected to the breakfast area and kitchen. The kitchen is designed for both function and style, featuring: Double Oven, Granite bar top, Pendant lighting, Travertine backsplash, 42-inch oak cabinetry and a breakfast area looking out of the bay windows. This home also features a main-level bedroom and full bathroom that provide the perfect setup for guests or multi-generational living. Upstairs, you'll find four additional bedrooms, all generously sized with cathedral ceilings, new carpet, and fresh paint. The owner's suite is a true retreat, featuring: Trey ceilings, Sitting room, Large walk-in closet, Spa-style bathroom with dual vanities, Garden tub with travertine backsplash and Separate shower. Step outside to a private fenced backyard complete with a covered patio with built-in fireplace, built-in gas grill, wood deck, gazebo and patio furniture INCLUDED-perfect for relaxing or entertaining. - Major Upgrade: Roof is ONLY 1 month old - Nearly 3,000 sq ft of living space! Take advantage of exclusive buyer programs: $0 Down Payment Assistance* Stackable $7,500 Grant (NON-repayable) * 1-Year FREE Rate Buydown* 3% Down Conventional Loan with NO Mortgage Insurance* That means LOW cash to close + LOWER monthly payments. Enjoy easy access to shopping, dining, and entertainment at The Shoppes at Webb Gin. Reach out to me directly today for all of the buyer incentives offered and to schedule your private tour before this opportunity is gone. Conditions Apply*
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.
