Welcome to this exquisite 5-bedroom, 3-bath home nestled in the highly desirable Overlook @ Camp Creek subdivision. Meticulously maintained by its original owner, this home offers spacious living areas, modern finishes, and a thoughtfully designed layout. Step inside to a stunning two-story foyer that sets the tone for the elegance throughout. The inviting floor plan features detailed molding and a formal dining room with coffered ceilings-perfect for hosting gatherings. The beautiful kitchen boasts abundant cabinetry, granite countertops, and a stylish tile backsplash, making it both functional and visually appealing. The family room provides the ideal space to relax or entertain, complete with a cozy wood-burning fireplace. On the main level, you'll also find a versatile guest bedroom, office, or flex space along with a full bath-offering both convenience and privacy. Upstairs, the oversized primary suite is a true retreat, featuring a sitting area and a spa-like en-suite bath with dual vanities, a garden tub, separate shower, and a spacious walk-in closet. Three additional bedrooms offer generous space and vaulted ceilings, along with another full bathroom to comfortably accommodate family or guests. Enjoy outdoor living in your expansive backyard-perfect for entertaining, gardening, or simply relaxing in your own private space. This property includes nearly an acre (.086 acres total), consisting of the main homesite (.029 acres) plus an additional attached parcel (.057 acres; Parcel ID 05234C A001), extending all the way to the chain-link fence for added privacy. The boarders of the lot are marked with pink ribbons. Additional features include a 2-car garage and a peaceful setting with plenty of room to spread out. Every room is wired with CAT 5E for the internet, check out the Data center while there!!! Conveniently located near schools, shopping, and dining, and just minutes from downtown Fayetteville, Piedmont Fayette Hospital, and Trilith. Enjoy an easy commute to Hartsfield-Jackson Airport and Atlanta. Residents also have access to a community lake-perfect for fishing, yes it's stocked. Schedule your private showing today and experience all this exceptional home has to offer!!!
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.
