Nestled in a quiet, secluded, and well-established neighborhood in Mansfield, this beautifully renovated lakefront home on Jackson Lake offers the perfect combination of luxury, comfort, and year-round lake living. Located in desirable Jasper County, this completely remodeled residence features more than 3,800 square feet of living space on a spacious 1.14-acre deeded lot with over 180 feet of shoreline and breathtaking lake views from nearly every room. Designed for both relaxation and entertaining, the home offers four bedrooms and three-and-a-half bathrooms, including a primary suite on the main level. Three of the four bedrooms feature private en-suite bathrooms, creating an ideal layout for family and guests. The home sits on a level lot outside the FEMA flood zone with a gentle slope leading to the water's edge, all shaded by large mature trees that provide beauty and comfort throughout the summer months. The thoughtfully updated interior is complemented by extensive outdoor improvements and modernized systems throughout the property. Roof, hvac, water heater, gutters and windows were all replaced during the recent complete home remodel. Common living areas and bedrooms capture serene lake views, while the reinforced seawall with supporting rip rap adds lasting shoreline protection. Convenient paved road access ensures easy year-round entry with no dirt roads to navigate. Additional interior highlights include a jet tub in the guest suite and beautifully updated finishes throughout the home. Outdoor living is exceptional with a private covered single-slip dock featuring a boat lift, two jet ski ports, and a swim platform, all installed in 2018 in water depths exceeding six feet. A brand-new open deck completed in 2025 extends directly from the main living areas and bedrooms, providing stunning panoramic lake views and seamless indoor-outdoor living. The large backyard includes an inviting fire pit area perfect for entertaining family and friends. Additional features include a 20' x 16' powered and air-conditioned outbuilding with a new roof installed in 2020, ideal for a workshop, hobby space, or home gym. A separate 16' x 9' metal storage building was added in 2023 for additional storage needs. The property also offers a four-car carport, a spacious blacktop driveway with trailer parking, and a newly installed six-foot privacy fence completed in 2023. The beautifully landscaped grounds showcase Emerald Zoysia sod in both the front and rear yards, complemented by a new lake-fed six-zone irrigation system installed in 2023. A covered front porch added in 2022 enhances the home's welcoming curb appeal, while all exterior lighting has been upgraded to energy-efficient LED fixtures. For added convenience, the neighborhood boat ramp is located next door, and Bear Creek Marina is just one cove away. This exceptional lakefront property delivers privacy, modern upgrades, stunning views, and prime location in a quiet cove on one of Georgia's most beautiful lakes.
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.
