Welcome home to this spacious 4-bedroom, 3.5-bath residence tucked away on a quiet cul-de-sac in the desirable Smithfield Chase community of Houston County. Designed with both everyday living and entertaining in mind, this home offers generous living spaces, thoughtful details, and a versatile floor plan. Step inside to a welcoming foyer flanked by a private office or formal sitting room and an elegant dining room, creating the perfect setting for family gatherings and special occasions. The heart of the home features an open-concept family room, breakfast area, and kitchen overlooking the expansive backyard. Rich hardwood flooring, custom built-in cabinetry, and a cozy ventless gas fireplace make the family room an inviting place to relax, while the kitchen offers granite countertops, a custom tile backsplash, abundant cabinetry, and a walk-in pantry. Upstairs, the spacious primary suite provides a peaceful retreat with a large walk-in closet and a luxurious ensuite bath complete with double vanities, a jetted soaking tub, and a separate tiled shower. Two secondary bedrooms share a convenient Jack-and-Jill bathroom, each offering generous closet space, while the fourth bedroom enjoys its own private full bath and oversized walk-in closet-ideal for guests or multigenerational living. The upstairs bonus room provides flexible space for a media room, playroom, or home gym and is conveniently located near the upstairs laundry room. A heated and cooled workshop just off the garage offers endless possibilities for hobbies, projects, or additional storage. Located in the highly sought-after school district for Matt Arthur Elementary, Bonaire Middle, and Veterans High School, this exceptional home is also just minutes from Robins Air Force Base, Warner Robins, and Perry, providing the perfect combination of comfort, convenience, and location.
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.
