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$404,000 SIGNIN

Sign in to see required down payment for the 5.375% rate

1405 Attwater Dr, Atlanta, GA 30316

4 beds · 4 baths · 1,850 sqft

**Stunning 3-Level End Unit Townhome in Thriving Community!** Welcome to this spacious 4-bedroom, 3.5-bathroom end unit townhome, perfectly nestled in a rapidly growing community. This beautiful home offers three levels of comfortable living space, ideal for families or anyone who loves entertaining. The main level features an open-concept layout with a modern kitchen w/large island, dining area, and a bright, inviting living room. Upstairs, you'll find the primary suite with a private bath, two additional bedrooms and another full bath. The lower level offers a versatile space that could serve as a fourth bedroom, home office, or recreation room, with its full bathroom for added convenience. Located just minutes from the scenic Brownsmill & East Lake Golf Course, Zoo Atlanta, and East Atlanta Village this townhome is part of a vibrant swim community, perfect for enjoying summer days by the pool. With its prime location, minutes from all of Atlanta's go-to hotspots and ample living space, this home is a rare find in an area poised for continued growth. Don't miss this opportunity to be part of this flourishing neighborhood. Ask for eligibility requirements to receive 10k in free grant money!!! Assume this home at 5.375% and save thousands annually

Estimated
Seller's interest rate
5.375%
7%
Estimated
Monthly payment

$2,631
$2,913
You may also save up to $78,538 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,913 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
5.375%
Remaining term
23 yrs and 3 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,631
Principal & interest
$1,797
Mortgage insurance
-
Property taxes
$124
Home insurance
$215
HOA fees
$494
Utilities
Not included

Source: Public records

Home details
Size
1,850 sqft
Lot size
0.02 acres
Year built
2017
Type
Townhouse
HOA dues
$494.00

Source: FMLS #7548845

Qualify

To qualify, you must meet the current FHA or VA 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%. 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.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

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.

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.

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 620, 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.

View all FAQs
Last updated: Apr 20, 2025 05:45 pm
Listing agent: Aqueelah Whitaker
Listing provided courtesy of: EXP Realty, LLC. (888) 959-9461
Details provided by FMLS and may not match the public record.
MLS ID: #7548845
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2025 FMLS.
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