Welcome home to this beautifully cared-for 4 bedroom, 3 bath home set on nearly an acre in the sought-after Northgate High School district, where everyday life feels both relaxed and connected. This property qualifies for USDA 100% financing and offers quick, easy access to I-85, making daily commuting a breeze. You can be at Hartsfield-Jackson Atlanta International Airport in just 30-35 minutes, and those who travel into Atlanta will appreciate reaching the city in approximately 40-45 minutes. It's the rare balance of quiet living with true convenience. Thoughtfully maintained with major updates already complete, including a new roof in 2023, this home makes moving in simple. All appliances are under a year old, and the refrigerator, washer, and dryer stay, making move-in day effortless. Natural light fills the main level, where the kitchen's white subway tile backsplash offers a clean, welcoming feel. The dining room easily hosts gatherings, while the great room's stacked-stone wood-burning fireplace sets the tone for cozy evenings, holiday mornings, and relaxing weekends at home. The spacious primary suite features a tray ceiling, updated luxury vinyl flooring, and a soothing en-suite bath with a double vanity, separate shower, and garden tub. Two additional main-level bedrooms include board-and-batten accents and share a beautifully refreshed hall bathroom with soft, neutral tones. The lower level expands your lifestyle possibilities with a full bedroom, oversized bathroom, large closet, office or play area, a full laundry room, and a practical mudroom-style landing. Whether you need space for guests, a teen retreat, a home office, or multi-generational living, this level adapts easily to whatever life brings. Outside, the expansive deck becomes an extension of your living space, perfect for morning coffee, summer grilling, or evenings under the stars. The fenced backyard includes a wood-chip playset pad, a garden area with its own sprinkler system, and wide open space for play, pets, gardening, or quiet relaxation. The oversized 24x26 garage provides generous storage, a workbench, and room for hobbies or weekend projects. The location truly enhances the lifestyle this home provides. Spend weekends exploring Chattahoochee Bend State Park, located just 12 miles away, with its hiking trails, fishing spots, and river overlooks. If you enjoy water activities, Browns Reservoir is only 9 miles away, offering kayaking, boating, and peaceful waterfront views. Serenbe is also just a short drive away, perfect for weekend brunch, boutique shopping, trails, and community events. Everyday conveniences, dining, and shopping are readily available throughout Newnan, Sharpsburg, and Peachtree City. With its nearly acre-sized lot, thoughtful updates, flexible lower level, and a location that supports both adventure and convenience, this 4 bedroom, 3 bath home offers a lifestyle where you can slow down, spread out, and truly enjoy where you live. Schedule your showing today.
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.
