2479 Peachtree Rd NE Apt 802 # 802, Atlanta, GA 30305
1 beds · 1 baths · 837 sqft
Get a free consultation call with an expert in the mortgage assumption process.
You will not find an interest rate as low as this assumable loan of 2.75%. Come live in the beautiful and infamous Park Lane Condominiums. Directly across the street from units that are listed for a Million. This inviting renovated building is located in an exclusive area of Buckhead. Walk to Parks, Peachtree Battle Shopping Center, and Restaurants since you will be living on Peachtree. Visualize walking into the unit and witnessing the spectacular views of the Atlanta Cityscape. This unit will spoil you. It was recently remodeled with contemporary fixtures that the owner is willing to leave so you can enjoy the benefits of just bringing your furniture. Walk into the galley kitchen and you will find beautiful stained cabinets nestled with modern stainless steel appliances. Get in early and get ready for some of the big events coming to Atlanta such as World Cup 2026, Superbowl 2028, College games etc. Priced to sell!
Source: FMLS #7512403
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7512403
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.