***Open House: Saturday, 5/9 1-3pm***Welcome to your dream retreat in Loganville, located in sought-after Walton County, set on a picturesque 5-acre estate that offers privacy, space, and timeless charm. Arrive down the beautiful circular driveway and be greeted by a stunning wraparound front porch-perfect for slow mornings with coffee or quiet evenings outdoors. Step inside the grand 2-story foyer featuring a statement chandelier and an elegant staircase, where detailed trim work throughout the home immediately sets the tone for its craftsmanship and character. To the right, the formal dining room provides an ideal setting for hosting holidays and gatherings. To the left, a dedicated office offers a private and functional workspace. Straight ahead, the spacious living room impresses with its wood-burning brick fireplace and seamless flow into the chef's kitchen-complete with abundant custom cabinetry, stainless steel appliances, a pantry, and generous counter space. Just off the kitchen, the bright breakfast room is filled with natural light, while a large laundry room with built-ins adds everyday convenience. The main level primary suite is a true retreat, featuring private access to the back patio, a spacious layout, and a spa-inspired bath with double vanities, soaking tub, walk-in shower, and an oversized walk-in closet. A convenient half bath completes the main level. Upstairs, you'll find three additional generously sized bedrooms. One enjoys its own ensuite bath, while the remaining two share a full bath with separate vanity spaces for added functionality. Dual staircases-one from the foyer and one from the living room-add both convenience and architectural charm. The partially finished terrace level extends your living space with wood-accented ceiling details, a secondary living area, full bathroom, and ample storage options. Step outside and experience your private backyard oasis. Enjoy an outdoor kitchen, expansive deck with multiple seating areas, a cozy fire pit, and a storage shed-all surrounded by the peaceful beauty of 5 private acres. This exceptional property truly offers the perfect blend of luxury, comfort, and space. Don't miss the opportunity to make it yours.
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.
