This one-of-a-kind luxury farmhouse estate offers the perfect blend of privacy, versatility, and effortless living for multigenerational families, remote professionals, or anyone seeking a private retreat with real income potential. Imagine owning this rare Grovetown gem on 3.2 secluded acres with no HOA and the opportunity to assume a low 2.25% VA loan. Qualified buyers can enjoy a monthly principal and interest payment of less than $4,000, delivering exceptional value in today's market. Spanning over 6,000 square feet with six bedrooms and eight baths, the home features three distinct living spaces that effortlessly accommodate extended family, guests, or a private rental unit. Wake up to peaceful mornings on the rocking-chair front porch overlooking a tranquil koi pond. Inside, timeless craftsmanship meets modern comfort with hardwood floors, custom stonework, built-in shelving, whole-home audio, and a custom bar. The heart of the home is the expansive chef's kitchen, anchored by a massive butcher block island ideal for everything from casual family breakfasts to large-scale entertaining. Multiple living areas flow seamlessly outdoors to a sunroom and screened porch, while a dedicated golf simulator space adds year-round fun. The owner's suite is a true sanctuary with dual walk-in closets, a private balcony, and a spa-like bath featuring cathedral ceilings and exposed wood beams. Outside, your private backyard resort awaits: a sparkling pool, hot tub, fully equipped outdoor kitchen, volleyball court, firepit, and lush landscaping with complete privacy. Additional highlights include a detached pool house with a private office and a fully remodeled one-bedroom apartment above the three-car garage (complete with wide entryways and a chair lift for accessibility). A whole-house generator installed in 2022 (and serviced annually) provides unmatched peace of mind. Bonus Income Opportunity: This estate is perfectly positioned to generate significant rental income with the potential to earn approximately $30,000 during the annual golf tournament in Augusta. Its luxury amenities, multiple living quarters, and entertaining spaces make it highly desirable for corporate groups, golf enthusiasts, or families visiting the week of the tournament. Space to gather. Room to grow. Privacy to recharge. And built-in income potential. This is more than a home, it's a lifestyle. Schedule your private showing today and experience it for yourself.
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.
