Welcome home to the highly desirable Jackson Bridge neighborhood with no HOA! This gorgeous 2-story property perfectly blends modern luxury with everyday comfort, resting on a sprawling, level 0.75-acre lot. Located just minutes from the water, this home is ideal for anyone looking to enjoy the peace of a great neighborhood community while staying close to Jackson Lake. The gourmet Kitchen is equipped with premium granite countertops, stainless steel appliances, and a spacious kitchen island perfect for food prep and entertaining. Unwind by the cozy wood-burning fireplace in the main family area or enjoy casual meals in the adjacent breakfast nook. A dedicated formal dining room stands ready for your holiday hosting and special gatherings. Enjoy durable, modern LVP flooring through the high-traffic main areas and plush, cozy carpet in the bedrooms. Brand new flooring upstairs pairs beautifully with updated light fixtures shining throughout the entire home. Striking vaulted ceilings in 4 of the bedrooms bring an open, airy feel to every corner of the house. The massive primary bedroom is a true sanctuary, featuring its own dramatic vaulted ceilings, an oversized walk-in closet, and extra attic storage directly accessible from the suite. Refresh yourself in the spa like bathroom with custom tile shower with a luxurious rainfall shower heads and a built-in bench, complete with an updated vanity setup. A highly functional, designated pet room that's lighted underneath the stairs make an incredible kennel area or custom storage zone. Move in with total peace of mind thanks to two HVAC units and two hot water heaters. Fully equipped with a reliable fiber internet connection, ideal for streaming, gaming, and remote work. Modern LED accent lighting installed along the house exterior beautifully illuminates the home at night, adding incredible curb appeal and extra security. Equipped with a premium Lift Master garage door opener featuring a built-in smart camera, allowing you to monitor and control garage access directly from your phone. Step outside to your private outdoor patio, fully protected by a custom awning to keep you cool during warm Georgia summers. Enjoy an incredibly spacious, level yard with pristine low-maintenance vinyl siding and excellent curb appeal. Don't miss out on this incredible piece of Butts County real estate conveniently located 10 miles from town, 20 minutes to Locust Grove, and 30 minutes to Covington.
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.
