Some homes just feel right the moment you walk in. At 7091 Gladstone Circle, it starts with the light — the way it moves across the main level and catches the edges of the granite countertops in the kitchen. The 9-foot ceilings make the whole space breathe. And somewhere between the open living room and the gourmet kitchen, it hits you: this is what coming home is supposed to feel like. Welcome to the Sutton II plan at Lakeview at Stonecrest — one of the largest townhome floor plans in the community at 2,016 square feet. Built in 2020, this 3-bedroom, 2.5-bath residence gives you the finishes and the space to actually live in your home, without the burden of constant maintenance slowing you down. The main level flows the way a home should. Open-concept layout connects the family room, dining area, and kitchen seamlessly — whether you're hosting on a Friday night or winding down with a weeknight dinner. The kitchen earns its keep with GE stainless steel appliances, subway tile backsplash, 42-inch wood-stained cabinetry with crown molding, and a granite island that works as a breakfast bar and a gathering spot. A slate-surround fireplace anchors the family room. Step straight out to your private main-level patio when the Georgia evenings are too good to spend inside. Upstairs, the owner's suite delivers — grand tray ceiling, dual vanity, soaking tub, separate tile shower, and a walk-in closet that actually fits a wardrobe. Two additional bedrooms, a full hall bath, and an upstairs laundry room round out the upper level. Then there's the community. Lakeview at Stonecrest was built for people who want a neighborhood, not just an address. Pool and cabana. Sidewalks. Street lights. Minutes from the Mall at Stonecrest, I-20, Arabia Mountain, and Emory Hillandale Hospital.
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.
