Welcome to 1467 Oak Bend Way, where thoughtful design meets everyday comfort on a beautifully maintained corner lot in a sought-after swim and tennis community. Located within the highly regarded Grayson school cluster, this home offers both style and functionality with a collection of well-executed upgrades throughout. From the moment you enter, the impressive two-story living area makes a statement, anchored by a cozy fireplace and filled with natural light, an ideal space for relaxing evenings or hosting friends. The open layout flows seamlessly into a stunning kitchen featuring rich granite countertops, bright cabinetry, generous storage, and a layout designed for both efficiency and connection. The main level includes a private bedroom, perfect for guests, or provides additional main-level living space. A separate office or formal dining space, highlighted by a stylish barn-style sliding door, adds flexibility for work, entertaining, or everyday living. Upstairs, new LVP flooring enhances the loft and all bedrooms, creating a clean, modern feel throughout. The owner's suite is a true retreat, offering a spa-inspired bathroom with granite counters, a custom bench, and an oversized walk-in shower finished with striking stonework. Spacious secondary bedrooms and an open loft provide endless options for a playroom, media space, or study area. Outdoor living is elevated with a cedar-accented screened porch, ideal for enjoying the outdoors in any season. An extended patio creates additional space for dining and entertaining, all overlooking a private, fenced backyard designed for pets, play, and relaxation. A large storage shed provides valuable additional storage. Located near Starling Elementary, Couch Middle, and Grayson High School, this home is minutes from Alexander Park, Downtown Lawrenceville, and the Shops at Webb Gin. With its versatile floor plan, inviting finishes, and prime location, this home offers comfort, flexibility, and lifestyle in one exceptional package.
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.
