2342 Terrace View Cir SW, Atlanta, GA 30315
4 beds · 3 baths · 2,080 sqft
Welcome to this stunning 4-bedroom, 3-bathroom Craftsman-style home, nestled near the vibrant Lakewood Amphitheater area. Built in 2019, this two-story gem offers contemporary design and thoughtful functionality. The main level features an open-concept floorplan, ideal for entertaining, with a spacious bedroom and full bath perfect for guests or multigenerational living. Step into the heart of the home, where natural light fills the inviting living spaces. The kitchen flows seamlessly into the living and dining areas, creating a warm, communal atmosphere. Upstairs, the owner’s suite is a true retreat, complete with private access to an upper deck—perfect for enjoying quiet mornings or starry evenings. Two additional bedrooms with walk-in closets and a bath provide ample space for family or work-from-home needs. The fenced backyard and double-deck outdoor spaces are perfect for relaxing or hosting gatherings, while the HOA-maintained yard ensures your home always looks its best. This central location is unbeatable: 10 minutes to downtown Atlanta, 20 minutes to Buckhead, and less than 10 minutes to Hartsfield-Jackson Airport. Parks and schools are conveniently nearby, making this home an exceptional choice for modern families. This home qualifies for 100% financing and grants! Don’t miss the chance to call this beautiful, centrally located property your new home.
Source: FMLS #7532383
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7532383
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.