2118 Delowe Dr, Atlanta, GA 30344
3 beds · 2 baths · 1,500 sqft sqft
Check out this stunning Newly Renovated gem nestled in the heart of the vibrant and growing East Point community! This home has been thoughtfully upgraded with modern finishes and elegant touches throughout. Step into a bright, open-concept kitchen featuring brand-new cabinets, luxurious granite countertops with a breakfast bar and waterfall edge, complemented by sleek stainless steel appliances. The bathrooms have been completely reimagined with new vanities, contemporary fixtures, and chic tile work. New hardwood floors flow seamlessly through the living areas, illuminated by stylish light fixtures and ceiling fans. A standout feature is the converted sunroom, now transformed into a cozy oasis with expansive 6x3 ft casement windows that bring in abundant natural light and offer picturesque views — reminiscent of a trendy mid-rise condo. Additional upgrades include new interior and exterior doors, fresh paint inside and out, and a convenient laundry room. Located just minutes from Downtown Atlanta, the Mercedes-Benz Stadium, the Georgia World Congress Center, Tyler Perry Studios, and Hartsfield-Jackson Airport, this home provides easy access to I-75 and I-285, making commuting a breeze. Enjoy the best of city living while still savoring the charm of an up-and-coming neighborhood. This is not just a home—it’s a lifestyle upgrade waiting for you!
Source: FMLS #7465375
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7465375
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #7465375
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.