Welcome home to 7091 Gladstone Circle, a beautifully designed Sutton II townhome in the highly sought-after Lakeview at Stonecrest - The Collection. Built in 2020 by Stonecrest Home Builders, this stunning 3-bedroom, 2.5-bath residence blends contemporary sophistication with low-maintenance living - perfect for professionals, small families, and buyers seeking quality, convenience, and community. Step inside and be greeted by 9' smooth ceilings, luxury Shaw hardwood flooring, and an open-concept layout that flows effortlessly from the family room to the dining area and chef's kitchen. The sleek slate-surround fireplace anchors the main living space, creating an inviting atmosphere for cozy evenings or entertaining guests. The gourmet kitchen is outfitted with GE stainless steel appliances, granite countertops, a subway-tile backsplash, and 42" wood-stained cabinetry with crown molding. An oversized island and Moen Arbor chrome faucet with PowerBoostTM technology complete the space - a true showpiece for gatherings. Upstairs, retreat to the luxurious owner's suite featuring a tray ceiling, dual raised-height vanities, garden tub with tile surround, and a separate enclosed shower finished in designer Milan Surf tile with Driftwood grout. Every detail, from the Agreeable Gray walls to the Extra White trim, was thoughtfully curated for a timeless aesthetic. Additional highlights include: * Smart Home Automation System with Qolsys panel, Z-Wave motion sensors, and keyless entry * Ceiling fans with light kits in the family room and owner's suite * Extended patio, painted and finished garage with opener, and whole-home 2" blinds * Energy-efficient construction with low-E windows, 14 SEER dual HVAC, and programmable thermostats Enjoy resort-style amenities within Lakeview at Stonecrest, including beautifully maintained grounds, walking paths, and a friendly, active community. HOA dues cover exterior maintenance and landscaping, keeping life simple so you can focus on what matters most. Conveniently located minutes from Stonecrest Mall, Arabia Mountain trails, and I-20, this home offers an easy commute to downtown Atlanta while maintaining the tranquility of suburban living. This property qualifies for 2% grant and additional DPA with preferred lender.
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.
