Welcome to an extraordinary expression of French Provincial elegance in the heart of Vinings—where timeless architecture meets modern luxury at 4240 Paces Ferry Road. Perfectly positioned just minutes from Buckhead, Truist Park, and within walking distance to the charming boutiques and dining of Vinings Jubilee, the exclusive Cochise Club, and the scenic Chattahoochee River, this residence offers an unmatched lifestyle of convenience and sophistication. From the moment you enter, you are greeted by opulent designer lighting, exquisite custom millwork, and artisanal cabinetry that define every inch of this meticulously crafted home. The main level is designed for seamless, grand-scale entertaining, where living spaces effortlessly connect in both form and function. At the heart of the home lies a true chef’s kitchen—appointed with oversized Thermador appliances, including a 6-burner gas range with warming oven, an oversized built-in refrigerator, and stunning custom cabinetry. A wet bar overlooks the dining area and flows into the breathtaking two-story great room, where floor-to-ceiling windows flood the space with natural light. Step outside to your private outdoor retreat—featuring a covered cedar deck with exposed beams and a striking stone fireplace, creating the perfect setting to unwind with an evening drink or host unforgettable gatherings. The main-level primary suite is a serene sanctuary, complete with vaulted ceilings and direct access to a conveniently located laundry room. The spa-inspired primary bath showcases marble flooring and finishes, a freestanding soaking tub, separate vanities, an expansive walk-in shower, and a private water closet. The oversized custom closet system completes this luxurious suite. Upstairs, three generously sized bedrooms each offer private en-suite baths, all thoughtfully designed with marble finishes, custom cabinetry, and elevated lighting selections. The terrace level elevates the home even further—featuring a temperature-controlled wine cellar with a dramatic iron and glass pivot door, accommodating over 900 bottles. Additional amenities include a fully equipped game room with beverage cooler and ice maker, custom liquor display shelving, and a dedicated fitness studio with professional-grade flooring. This is more than a home—it is a statement of refined living in one of Atlanta’s most coveted locations, just over the Cobb County line and moments from everything that makes Vinings exceptional.
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.
