Back on market at no fault to the seller! Buyer financing fell through, and the home returns with several fresh improvements, including brand-new stainless steel appliances and additional updates completed during the previous contract period. Now offered again at $430,000 - a price point that reflects both value and recent buyer interest. Your dream home just became even more irresistible. Don't miss your chance - This home is truly a must-see! Welcome to 2479 Mitford Ct! A beautiful 4-bedroom, 2.5-bathroom home located in the sought-after Wolf Creek community in Dacula-just minutes from University Parkway and Sugarloaf Parkway. Step into a dramatic two-story foyer, with formal living and dining rooms, and a comfortable family room with a fireplace that flows openly into the kitchen and breakfast area. The kitchen offers a double-door walk-in pantry and abundant counter space, ideal for everyday meals or special occasions-with a half bath and small office, nearby. Upstairs, the spacious primary suite features a sitting area, dual vanities, soaking tub, separate shower, and two walk-in closets. Secondary bedrooms are well sized and share a full bathroom with double vanities and dual sinks-making mornings effortless. Enjoy the conveniently located laundry room and open hallway offering a beautiful view overlooking the main living area-filling the home with natural light and connection. This home has been thoughtfully updated with over $20,000 in improvements: two brand-new HVAC systems (2025) providing comfort and peace of mind, new SS appliances, polished hardwood floors on the main level, and fresh paint in the living room and primary suite (Sherwin-Williams Alabaster). Bathroom vanities were refreshed in SW Gauntlet Gray for a modern touch, while other updates include new bedroom ceiling fans for year-round comfort and fencing enhancements that add privacy for outdoor enjoyment. As a Wolf Creek resident, you'll enjoy a wide range of HOA amenities including a community pool, clubhouse, four lighted tennis courts, a tot playground, and scenic trails-perfect for recreation and relaxation. This is a place you'll be proud to call home. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home. *Current interest rate may be assumable
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.
