Welcome to your lakeside retreat in the heart of Smyrna—where comfort, space, location, and value come together beautifully! Sellers say this home has GOT TO GO, creating an incredible opportunity for buyers looking for maximum square footage, an unbeatable location, and instant equity potential. This charming four-sided brick home sits on a serene lake lot and offers exceptional value with 4 spacious bedrooms, 3 full bathrooms, and 1 half bathroom—all in a highly sought-after community loaded with amenities. Move-in ready and full of warmth and character, this home is the perfect canvas for a new owner to add their own modern updates and personal touches over time while enjoying everything it already has to offer today. From the moment you step inside, you’ll appreciate the thoughtfully designed floor plan featuring a spacious primary suite on the main level complete with an ensuite bath, separate shower, and generous walk-in closet. The bright two-story great room with a cozy fireplace creates an inviting atmosphere for relaxing evenings or entertaining guests, while the open-concept kitchen and breakfast area capture peaceful lake views that make everyday living feel like a getaway. The main level also features a versatile dining/flex room, convenient powder room, and an extra-large back deck ideal for grilling, entertaining, or simply enjoying summer sunsets overlooking the water. Step outside to the fenced backyard with direct lake access—perfect for morning coffee, evening unwinding, or gatherings with family and friends. Upstairs, you’ll find a loft area with abundant storage, a private junior suite with its own bathroom and spacious closet, plus two additional generously sized bedrooms sharing a full bath. There is room for everyone here—whether you need space for family, guests, work-from-home flexibility, or hobbies. And just in time for summer—you’ll love enjoying the neighborhood pool, tennis courts, playground, and pavilion while taking advantage of lakeside living right in your own backyard. This community lifestyle is hard to beat! Location is another major highlight. You’re minutes from parks, dog parks, shopping, dining, and entertainment including Truist Park and Atlanta Braves excitement at The Battery. Commuters will appreciate easy access to I-75, I-285, I-20, downtown Atlanta, and Hartsfield-Jackson Airport. Homes offering this much space, this location, and this kind of lake lifestyle at this price point are becoming harder and harder to find. Closing cost incentives with acceptable offer is available to help buyers bring their vision to life and make this home truly their own. Don’t miss this opportunity to secure a spacious lakeside home in one of Smyrna’s most convenient locations. Schedule your private showing today before this summer opportunity is gone!
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.
