Welcome home to a place with plenty of room to spread out, gather together, and enjoy everyday life. New carpet throughout the home creates a fresh, updated look from the moment you step inside. The open and inviting main level offers comfortable spaces for both relaxing and entertaining, including a cozy family room with a fireplace and a spacious kitchen with a breakfast bar, walk-in pantry, and plenty of room for casual meals. A separate flex space can easily serve as a home office, playroom, den, or second living area, giving you the freedom to make the space work for your needs. Upstairs, the spacious primary suite offers a quiet place to unwind, complete with a vaulted ceiling, private sitting area, and an oversized walk-in closet. The beautifully renovated primary bathroom features dual vanities, a soaking tub, and a separate tiled shower. Two additional bedrooms and a full bath provide plenty of space for family, guests, or a growing household. The backyard is a true extension of the home and a wonderful place to make memories. Fully fenced and beautifully landscaped, it features a stone patio and pathways, a fire pit for cool evenings, garden space, and a storage shed for tools, bikes, and outdoor gear. Whether you're hosting a cookout, playing in the yard, or simply relaxing outside, there is something for everyone to enjoy. The neighborhood pool, playground, and basketball court are just a short walk away, making it easy to enjoy the community close to home. With convenient access to Kennesaw Mountain, historic Downtown Marietta, the Silver Comet Trail, The Battery, and the downtown areas of Smyrna and Mableton, you'll be close to plenty of options for outdoor adventures, dining, shopping, and entertainment.
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.
