Welcome to this beautifully updated 6-bedroom, 4-bathroom home in the highly sought-after River Plantation community, where timeless elegance meets modern comfort in one of Duluth's most desirable neighborhoods. Located within an award-winning school district and just minutes from Downtown Duluth, shopping, dining, parks, and major highways, this exceptional home offers the perfect combination of space, style, and convenience. From the moment you step inside, you'll be greeted by rich hardwood floors, fresh designer paint, soaring ceilings, and a dramatic wall of windows that fills the home with natural light. The open-concept floor plan is designed for both everyday living and effortless entertaining. At the heart of the home is the beautifully updated kitchen featuring granite countertops, stainless steel appliances, a large center island, abundant cabinetry, and a seamless flow into the inviting fireside family room. Whether you're hosting family gatherings or enjoying a quiet evening at home, this space is designed to bring everyone together. Step outside onto the expansive multi-level deck, where you'll enjoy peaceful views of the private backyard an ideal setting for morning coffee, outdoor dining, or relaxing after a long day. The spacious owner's suite is a true retreat, complete with a private sitting area, a spa-inspired bathroom showcasing a newly renovated shower, and a custom walk-in closet designed with exceptional organization and storage. Upstairs, you'll also find three additional generously sized bedrooms, providing plenty of space for family and guests. The main level offers a highly desirable guest bedroom and full bathroom, making it perfect for overnight visitors, multigenerational living, or a private home office. The finished terrace level expands the home's versatility with a large recreation room, dedicated fitness room or sixth bedroom, an additional full bathroom, and extensive storage, including enclosed storage beneath the deck. River Plantation residents enjoy outstanding community amenities, including a swimming pool, tennis courts, playgrounds, sidewalks, and an active neighborhood atmosphere. With its unbeatable location near Downtown Duluth and Suwanee, award-winning schools, and thoughtful updates throughout, this move-in-ready home offers an incredible opportunity to enjoy the very best of North Gwinnett living. Contact Heather Scott at 770-855-4062 for your showing today!
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.
