Priced to sell fast! You could move-in with instant equity! This home qualifies for 100% financing! Discover a rare opportunity in one of Winder’s most established neighborhoods — welcome to 1361 Yorkshire Dr, a beautifully appointed 5 bedroom, 3 bath home offering 2,598 square feet of comfort, style, and modern convenience, situated on a large corner lot. Step into the impressive high ceiling foyer, where natural light pours in and highlights the hardwood floors on the main level. The airy two-story living room creates an immediate sense of openness and luxury, seamlessly connecting to the open concept layout that makes everyday living and entertaining effortless. The large eat in kitchen features abundant cabinetry, generous counter space, and a walk-in pantry perfect for keeping everything organized. A separate dining room complete with coffered ceilings awaits your next gathering. One of the home's most desirable features is the main-level bedroom with access to a full bathroom, making it ideal for guests, multi-generational living, a private home office, or anyone seeking the convenience of a first-floor living option. Need additional flexible living space? The bonus room offers endless possibilities and can easily serve as a media room, playroom, home gym, office, or additional guest space to fit your lifestyle. Upstairs, French doors lead you into the luxurious primary suite, a spacious walk-in closet, separate shower, spa like soaking tub, and double vanities — your personal retreat at the end of the day. Convenient upstairs laundry room for easy living. Outside, enjoy being part of a welcoming community where neighbors take pride in ownership and residents appreciate the friendly atmosphere. The neighborhood offers a peaceful setting while remaining conveniently located near shopping, dining, schools, parks, and major commuter routes. If you've been waiting for the right home in the right neighborhood, this is the opportunity you've been looking for. Homes in this community rarely come available, making this a unique chance to secure your place in one of Winder's most established and desirable neighborhoods. Schedule your private tour today and discover why so many homeowners choose to stay for years to come!
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.
