Welcome to your private retreat just minutes from downtown Dawsonville. This move-in-ready, four-sided brick home sits on 4.14 secluded acres, offering the perfect balance of peaceful living and convenient access to shopping, dining, and everyday amenities. Step inside to a light-filled living room with soaring ceilings and a charming fireplace, creating an inviting space to gather. The renovated kitchen features quartz countertops, stainless steel appliances, abundant storage, and natural light, with both bar seating and a dining room just off the kitchen for easy entertaining. The primary suite on the main level offers tray ceilings and direct access to the screened-in porch, complete with ceiling fans and café lights—an ideal spot to relax and enjoy the surrounding nature. The renovated primary bath includes a double vanity, frameless glass shower, soaking tub, and a spacious walk-in closet. Two additional bedrooms on the main level share a Jack-and-Jill bath, each with its own private vanity. Downstairs, the fully finished basement provides incredible flexibility with a kitchenette, home office area, large living room with fireplace, spacious bedroom with walk-in closet, full bath, and generous storage room. A massive workshop with exterior access makes this space perfect for serious woodworkers, hobbyists, or projects of any kind. Outside, the property truly shines. Over four acres of wooded privacy feature walking trails, switchbacks, established garden spaces, and mature fruit trees and bushes with plenty of room for vegetable gardens. Enjoy evenings under the stars at two fire-pit areas or start your own homestead with the custom-built chicken coop, “Fort Flox,” (chickens included if desired) for fresh eggs at home. Major features include NEW roof, NEW windows, whole-house generator, whole-house surge protector, privacy fencing, and gated entry. This is a rare opportunity to own a peaceful sanctuary with space to live, create, and grow—while staying close to everything Dawsonville has to offer. Plus, assumable 2.875% loan available for qualified buyers and a FREE APPRAISAL when using preferred lender.
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.
