Welcome to 106 Rutledge Ln (Lot 93) in Chatham Place, Statesboro, GA 30461, a 2021 two-story Traditional single-family residence in Bulloch County offering approximately 1,959 heated square feet, 3 bedrooms, 2 full bathrooms, 1 half bathroom, and a 0.52-acre lot. From the moment you enter the main front door, the layout creates an easy everyday flow: a large living room and dining room combination opens with wood laminate flooring, then wraps naturally into the breakfast bar and kitchen zone before continuing down the hall to the main-level half bath, laundry and mudroom area, and attached two-car garage entry. The dining area includes a glass sliding door that extends living space to the patio and flat grassed backyard, creating flexible indoor-outdoor use for relaxing, dining, or entertaining. The kitchen is designed for both function and style with custom white cabinetry, solid countertops, a deep double sink, breakfast bar seating, and a walk-in pantry, plus a full stainless steel Whirlpool appliance package that includes a stainless steel Whirlpool stove/oven combo, stainless steel Whirlpool French-door refrigerator, stainless steel Whirlpool dishwasher, and stainless steel Whirlpool microwave. Flooring transitions are clearly defined throughout: the living/dining combo has wood laminate flooring; the kitchen, half bathroom, garage entry area, and laundry/mudroom room have tile flooring; all bathrooms have tile flooring; and the stairs plus the entire second level have carpet. Upstairs opens to a spacious loft sitting area that works well for office, reading, media, study, or flex use. On one side of the second level are two generously sized secondary bedrooms, each with a large walk-in closet, along with a nearby linen closet, pull-down attic stairs, and a full bathroom with single vanity and shower/tub combo. On the opposite side is the primary suite, featuring a very spacious bedroom, large walk-in closet, and primary bathroom with double vanity, walk-in shower, and soaking tub. All three upstairs bedrooms are notably spacious and each includes a large walk-in closet. The floor plan supports daily routines by separating common areas and private spaces while keeping circulation simple between entry, kitchen, laundry, and garage access. Kitchen sightlines connect naturally with the dining and living zones, and the upstairs loft provides a second gathering area that can adapt to changing needs over time. Outdoor space offers practical room for seating, recreation, and future landscaping ideas, subject to buyer verification and any applicable HOA/community guidance. MLS/public record information also notes attached garage and off-street parking, septic tank, shared well, HOA presence, and common structural details associated with this listing type; buyer should verify all details, measurements, schools, utilities, HOA fees, community guidelines, and any covenants during due diligence. Statesboro location provides practical access to shopping, dining, parks, services, Georgia Southern University, and regional travel routes. This home combines modern construction-era features with a practical layout suited for both everyday living and weekend hosting. Full Matterport 3D tour available in Virtual Tour link; VR-headset friendly with VR mode enabled (where supported). Price and terms negotiable; seller will review all reasonable offers. Submit your best offer. Showings via ShowingTime or contact listing agent. Listed by Weichert, Realtors - Webb & Associates. Each Weichert franchised office is independently owned and operated. Information deemed reliable but not guaranteed; buyer to verify all details. 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.
