Statesboro, GA | Bulloch County | Chatham Place (Lot 93) - Set on the gentle curve of Rutledge Lane, 106 Rutledge Lane is a 2021 two-story traditional offering approximately 1,959 heated sq ft, 3 bedrooms, and 2.5 baths on about 0.52 acre. The everyday layout places living and dining adjacent to the kitchen with a convenient half bath on the main level. Upstairs, all three bedrooms, two full baths, laundry, and a flexible loft/sitting area group together for privacy and easy routines. Construction and systems are designed for low-maintenance living: concrete/vinyl siding, composition/asphalt shingle roof, slab foundation, and central electric HVAC with ceiling fans. The kitchen appliance package includes refrigerator, dishwasher, microwave, and oven/range combo, paired with an electric water heater. Interior finishes show carpet, laminate, and tile flooring. Noted features include double vanity, high ceilings, pulldown attic stairs, separate shower, soaking tub, and walk-in closets. Site and utilities details reflect a broad front yard with a treeline backdrop toward the rear, level topography, and parking listed as garage with door opener, kitchen-level entry, and off-street options. MLS fields indicate shared-well water and a septic tank; as with any purchase, buyers should verify all utilities, system capacities, and service providers during due diligence. Parcel number 108 000016A093; 2024 tax record reflects approximately $2,556.94 (subject to buyer verification). Location context for searchers and map apps: Statesboro 30461 in Bulloch County within Chatham Place, with straightforward connections to GA-67 and US-80 and practical reach to shopping, dining, parks, and area services. School fields display Sallie Zetterower Elementary, Langston Chapel Middle, and Statesboro High-always confirm attendance zones and programs directly with the district. Typical directions: From Highway 67, turn on Burkhalter Rd; continue to Herman Rushing Rd; then to Rutledge Ln. Rooms list per MLS: family room, foyer, laundry, and a second-story loft; bedroom count up (3/0/0) with two full baths up and a half bath on the main. The photo set previews front elevation, multiple aerial perspectives, living/dining, kitchen, laundry, office/bedroom flex option, second-story sitting room, and the primary suite with bath to help visualize flow and natural light before touring. Showing access is available for booking via ShowingTime or by contacting the listing agent directly. Price and terms negotiable; seller will review all reasonable offers. Submit your best offer. Coming Soon a full Matterport 3D tour available in the Virtual Tour link for an immersive walk-through. To book a showing, please use ShowingTime or contact the listing agent directly for availability and access instructions. Listed by Weichert, Realtors - Webb & Associates. Each Weichert franchised office is independently owned and operated. Equal Housing Opportunity.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
