Beaming with natural sunlight and fully renovated with exceptional attention to detail, this private 2-bedroom, 1-bath residence offers a rare blend of modern sophistication, comfort, and convenience—complete with an extra-large balcony that enhances the home’s open, airy feel and adds an impressive extension of living space. At the heart of the home is the completely brand-new kitchen, beautifully reimagined with all-new cabinetry, luxurious quartz countertops, a designer backsplash, double sinks, a pantry, and a bright window that floods the space with light. Every detail has been updated, including all-new stainless steel appliances, creating a kitchen that feels elevated, fresh, and move-in ready. The spacious open-concept living area is anchored by built-in bookshelves and a cozy fireplace, offering timeless charm alongside modern updates. Sliding glass doors lead directly to the oversized balcony, creating effortless flow and an ideal setting for entertaining or everyday enjoyment. A separate dining area provides flexibility and can easily function as a dedicated home office, lounge, or formal dining space. Both bedrooms are generously sized and feature walk-in closets, along with brand-new plush carpeting for added comfort. The fully updated bathroom delivers a clean, modern aesthetic with a tub/shower combination, new vanity, new tile flooring, and all-new fixtures. Additional improvements include fresh interior paint, along with new lighting and plumbing fixtures throughout, reinforcing the home’s true turnkey appeal. Enjoy ample parking in the expansive lot with spaces located just steps from the unit, plus resort-style community amenities including a salt-water swimming pool, tennis courts, and professionally maintained grounds. Ideally positioned near The Battery & Truist Park, I-75 access and GA-400, and Downtown Atlanta, with everyday conveniences close by. Monthly HOA includes Water, Hazard Insurance, Flood Insurance, Termite Control, Trash Pickup, Exterior & Yard Maintenance—offering exceptional value and low-maintenance living. FHA-approved community. This is a true diamond—sunlit, stylish, and fully move-in ready—perfect for first-time buyers, downsizers, or investors seeking a beautifully upgraded home in one of Cobb’s most desirable locations.
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.
