4148 Woodland Park Dr SW, Atlanta, GA 30331
5 beds · 4 baths · 2,600 sqft
Welcome to 4148 Woodland Park Drive SW, a stunning three-story, 5-bedroom, 3.5-bath home built on a slab foundation. With an assumable interest rate of just 2.5%, this home is a fantastic opportunity for buyers seeking modern comfort and savings. On the main floor, the open-concept living space flows into a beautiful kitchen equipped with stainless steel appliances, granite countertops, and a large island—perfect for entertaining or family gatherings. The family room and dining area provide a cozy yet spacious environment for everyday living. The second floor features four well-sized bedrooms, including the luxurious primary suite, which boasts a spa-like bathroom with a soaking tub, separate shower, and dual vanities. This floor offers the perfect blend of privacy and comfort for family and guests alike. The third floor is a standout, offering a soundproof movie room—ideal for movie nights or gaming—as well as an additional bedroom and full bathroom, making it a flexible space for a guest suite, office, or extra living area. The home’s beautifully landscaped backyard creates a private setting for relaxation or outdoor entertaining. Additionally, the two-car garage provides ample storage and convenience. Situated in the heart of Southwest Atlanta, this home is part of a community rich in history, culture, and Southern charm. The neighborhood was once home to the legendary baseball player Hank Aaron, and it offers a unique blend of suburban tranquility and urban convenience. With close proximity to schools, shopping, dining, and MARTA public transit, you’ll enjoy easy access to the best of Atlanta while living in a peaceful, well-established community. Don’t miss out on the assumable 2.5% interest rate, making this already desirable home an even better investment.
Source: FMLS #7465846
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7465846
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: #7465846
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.