5400 Roswell Rd Apt H5 # H5, Atlanta, GA 30342
2 beds · 1 baths · 900 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to this beautifully maintained Top-Floor Condo located in the heart of Sandy Springs, just blocks from The Prado and minutes from all the best Dining, Shopping, and Entertainment that Buckhead and Chastain Park have to offer! This spacious Two Bedroom, One Bathroom home offers the perfect blend of comfort, convenience, and charm all Inside the Perimeter. Step onto the inviting Front Patio, the perfect spot to sip your morning coffee and greet the day. Inside, you'll find Hardwood Floors and elegant Wainscoting Walls leading you into a light-filled, Open Concept Living Area. The Large Living Room opens onto your very own Private Balcony, ideal for reading a book or simply soaking in the peaceful surroundings. The thoughtfully designed layout includes space for a Dining Table, making entertaining effortless. The adjacent Kitchen boasts White Cabinets, Granite Countertops, and Stainless Steel Appliances, offering both style and functionality. Retreat to the spacious Primary Bedroom, complete with a Cozy Fireplace and Walk-In Closet. The second bedroom offers versatility use it as a Guest Room, Home Office, or creative space. The Full Bathroom features a Shower/Tub Combo and Crisp White Vanity, conveniently located between the two bedrooms. Additional features include Community Pool Access for those warm summer days, and your own Private Back Balcony to enjoy outdoor living. You'll love this unbeatable location just minutes from I-285 & GA-400, Whole Foods, Kroger, Lifetime Fitness, Northside Hospital, Truist Park, and everything Buckhead and Sandy Springs have to offer. This one truly checks all the boxes Location, Layout, and Lifestyle. Don't miss the chance to call this gem your own!
Source: GAMLS #10502176
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: GAMLS #10502176
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.