Private 4+ Acre Retreat with Finished Basement + Assumable VA 2.875% Loan. Welcome to your private escape just minutes from downtown Dawsonville—where space, comfort, and convenience come together in a truly special setting. Situated on 4.14 secluded acres, this move-in-ready, four-sided brick home offers the rare opportunity to enjoy privacy, nature, and flexibility—all within easy reach of shopping, dining, and GA-400. Step inside to a bright, open living space with soaring ceilings, abundant natural light, and a charming fireplace that creates an inviting atmosphere for everyday living and entertaining. The beautifully renovated kitchen features quartz countertops, stainless steel appliances, and generous storage, with seamless flow into both casual and formal dining spaces. The main-level primary suite is a true retreat, complete with tray ceilings and private access to the screened-in porch—perfect for morning coffee or relaxing evenings overlooking the peaceful surroundings. The spa-inspired primary bath includes a double vanity, frameless glass shower, soaking tub, and a spacious walk-in closet. Two additional bedrooms on the main level offer comfort and convenience with a shared Jack-and-Jill layout. The fully finished basement expands your living options with a kitchenette, large living area with fireplace, additional bedroom, full bath, home office space, and abundant storage—ideal for guests, multi-generational living, or creating the ultimate media or recreation space. A massive workshop with exterior access provides incredible flexibility for hobbies, fitness, or creative use. Outside, enjoy a naturally wooded, private setting designed for both relaxation and entertaining. Explore walking paths, gather around multiple fire pit areas, or create your own outdoor vision—whether that’s a garden, play space, or simply a quiet place to unwind and enjoy the scenery. Major updates including a NEW roof, NEW windows, whole-house generator, and gated entry provide peace of mind and true move-in-ready living. If you’ve been searching for space, privacy, and versatility—without giving up convenience—this is a rare opportunity you don’t want to miss. Bonus: FREE appraisal when using the 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.
