1 of 46
$275,000

73 Rumson Ct SE, Smyrna, GA 30080

2 beds · 2 baths · 1,435 sqft

Beautiful and spacious 2 bedroom/2 bath ground floor condo in a quiet swim/tennis community and excellent Smyrna location! Brand new paint throughout and brand new carpet in the bedrooms...move-in ready! Spacious bedrooms and bathrooms, and wonderful enclosed back porch to enjoy your morning coffee in a nice, wooded setting. Home also features a covered patio off the sunroom/living room, which opens up to a wooded area to let your dog out. Washer/dryer and all stainless steel appliances included. Top notch amenities - pool, newly renovated clubhouse, and tennis courts! And close to it all - centrally located in between Braves stadium/Battery and Smyrna Market Village shops/restaurants/splash pad/playground/community center/library (and new Stillfire brewery coming soon!), and is less than a mile from I-285/I-75. FHA Approved & No rental restrictions!

Estimated
Seller's interest rate
2.71%
7%
Estimated
Principal & interest
$698/mo.
$1,087
You may also save up to $121,084 in total interest paid.
Location
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Details
Home
Size
1,435 sqft
Lot size
0.145 acres
Year built
1982
Type
Condominium
HOA dues
$270.00

Source: GAMLS #10462815

Loan
Remaining term
25 yrs and 11 mos
Rate
2.71%
Monthly P&I
$698
Remaining loan balance
$155,917

Source: Public records

Who can qualify

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 resources
Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Feb 24, 2025 12:53 am
Listing agent: Renee' Keeble (770) 874-6215
Listing provided courtesy of:
Details provided by GAMLS and may not match the public record.
MLS ID: #10462815
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2025 GAMLS. All rights reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.