Beautifully designed for both comfort and connection, this stunning 5-bedroom, 3-bath home in Cumming offers the perfect blend of style, space, and convenience. Nestled in a peaceful neighborhood, 3795 Alden Place welcomes you with warm wood flooring and an open-concept layout ideal for everyday living and entertaining. The main level features a private guest suite and full bath, while the heart of the home is the spacious kitchen complete with granite countertops, breakfast bar seating, upgraded dual oven range, and seamless flow into the cozy fireside family room with a gas fireplace. The kitchen has also been enhanced with smart LED recessed can lighting that is fully controllable by phone — programmable, dimmable, and customizable with multiple color settings to create the perfect atmosphere for any occasion. A custom frosted glass pantry door adds an elevated designer touch to the space. Upstairs, you’ll find a versatile loft space (that could be used as a 5th bedroom), convenient laundry room, three secondary bedrooms that share a bathroom, and a spacious owner’s suite designed for relaxation and retreat. Step outside to your professionally upgraded backyard oasis — a true turnkey outdoor living and entertainment space. Enjoy premium artificial turf, custom hardscaping, concrete pavers, a fire pit area, smart LED outdoor lighting, and a gated dog retreat. The impressive 12x14 gazebo is fully powered with electricity and features outdoor ceiling fans along with dimmable smart LED lighting, making it the perfect space to relax or entertain year-round. A private gate also provides direct access to the community amenities including the pool, playground, and more. The home includes several thoughtful smart home and lifestyle upgrades, including an EV car charger installed in the garage, Nest video doorbell, smart front door lock, and smart front door technology designed for modern convenience and peace of mind. Conveniently located near top-rated schools, shopping, dining, and everyday conveniences, this home offers more than just a place to live — it offers a lifestyle upgrade!
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.
