5914 High Hampton Lane — a 2016 Mableton home that truly checks every box. A charming covered front porch opens into an oversized entry that offers space for a formal sitting area before leading into the heart of the home. The kitchen impresses with abundant cabinetry, granite countertops, stainless steel appliances, a designer backsplash, and an oversized island ideal for entertaining or casual gatherings. A hard-to-find walk-in pantry provides exceptional storage and functionality, while the mudroom off the garage adds everyday convenience rarely seen at this price point. The living area feels warm and inviting with a fireplace flanked by custom built-ins. Upstairs you’ll find even more space with a generous second living area and an oversized laundry room. The primary suite is a true retreat, featuring a spa-like bathroom with double vanities, a separate soaking tub, a tiled shower, and a walk-in closet with custom shelving. Secondary bedrooms each offer ensuite baths and walk-in closets — another rare feature that sets this home apart. A full unfinished basement, already stubbed for a bath, is ready for future expansion and adds incredible value and flexibility. Enjoy outdoor living on the deck off the kitchen, complete with stairs leading down to the fenced backyard. Ideally situated with convenient access to both Atlanta and all of South Cobb, this location delivers everyday ease and long-term upside. Publix and a brand-new Chick-fil-A are just down the street, and the surrounding area is poised for continued growth and development, making this home not only a smart purchase today but a great investment for the future. Homes with this combination of mudroom, walk-in pantry, multiple walk-in closets, built-ins, and a full basement at this price point are extremely hard to find in Mableton. This is exceptional value with space to live, grow, and enjoy for years to come.
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.
