Built in 2020 and meticulously maintained, 16 Boxwood Street in Hawkinsville offers the perfect combination of modern comfort, energy efficiency, thoughtful design, and exceptional value. Priced at $295,000, this beautifully landscaped home stands out not only for its quality and condition, but also for the lifestyle it offers both inside and out. What makes this property especially compelling is the value. Comparable newer construction homes are often priced significantly higher, making this an outstanding opportunity for buyers seeking instant equity and a move-in ready home without paying premium new-construction pricing. Designed with privacy and functionality in mind, the split floor plan features two spacious suites positioned on opposite sides of the home, making it ideal for multigenerational living, guests, roommates, or anyone who appreciates added privacy. The oversized primary suite is a true retreat, complete with tray ceiling, large walk-in closet, double vanity, soaking tub, and separate shower. At the heart of the home, you'll find an inviting open-concept kitchen, dining, and living area that creates the perfect setup for entertaining or everyday living. The attached double garage provides convenience and storage, while the screened back porch offers a peaceful space to relax and enjoy the beautifully maintained backyard. Cedar trees along the rear and side property lines create additional privacy and a serene atmosphere. This home was also built with efficiency in mind. Thanks to double insulation in the attic, the average electric bill is reportedly around just $100 per month, offering impressive energy savings. Additional features include architectural shingles, tasteful landscaping, custom sprinkler system, and the rare opportunity to purchase the adjacent lot for even more space or future possibilities. Furniture may also remain with an acceptable offer, making this an even more attractive turnkey opportunity. Located in charming Hawkinsville along the beautiful Ocmulgee River, buyers will also enjoy access to Downtown's Veterans Memorial Park, which offers a splashpad, dog park, skateboard park, playground, pickleball courts, and additional recreational amenities that continue to make Hawkinsville an increasingly desirable place to live. The property also offers a reasonable commute to Warner Robins, making it an attractive option for buyers seeking more home and value while maintaining access to larger employment and shopping areas. With modern construction, energy efficiency, excellent curb appeal, and pricing positioned below comparable market value, this property presents a rare opportunity to purchase a newer home with immediate value already built in. Call/text Becky for your showing appointment.
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.
