Experience refined luxury in the exclusive gated community of Governors Towne Club in COBB County. Perfectly positioned along the 2nd hole of the championship golf course, this exceptional residence offers elegant living, breathtaking views, and outstanding spaces for entertaining. A grand two-story foyer welcomes you with freshly refinished hardwood floors and stunning sightlines to the private, gated backyard and manicured fairways beyond. The main-level owner's suite serves as a private retreat, featuring serene golf course views, a spa-inspired bath with a soaking tub, dual vanities, and generous space for relaxation. A private guest suite, spacious laundry room, and powder room add convenience to the thoughtfully designed main floor. At the heart of the home, the gourmet kitchen opens seamlessly to an expansive family room highlighted by soaring cathedral ceilings, a cozy fireplace, and abundant natural light. Elegant arched French doors lead to the outdoor patio, creating effortless indoor-outdoor living and providing direct access from both the family room and owner's suite. Upstairs, two spacious secondary bedrooms each feature their own en-suite bath, offering comfort and privacy for family and guests alike. The beautifully finished terrace level is designed for entertaining, showcasing new porcelain tile flooring, a second family room with fireplace, billiards room, media room, and a custom bar. An additional bedroom and full bath provide ideal accommodations for overnight guests, while abundant storage, a dedicated workshop, and a covered patio complete this impressive lower level. With room for a future Pool! Offering luxury, comfort, and exceptional golf course living, this remarkable Governors Towne Club residence presents a rare opportunity to enjoy one of Cobb County's most sought-after communities. The centerpiece of this country club community is a world class 18 hole golf course designed by two-time U.S. Open champion Curtis Strange. Membership at Governors Towne Club offers you a Championship 18 hole golf course, Elegant Clubhouse with three dining rooms, a men's only grille, a magnificent ballroom, executive boardroom and weekly member events with a full calendar of social events throughout the year. Membership also includes a Luxury Day Spa & State of the Art Fitness Center, as well as Tennis and Pool facilities complete with an Activity Center.
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.
