STOP THE CAR! This charming, priced to sell country cutie, in coveted West Jackson School Cluster, is waiting for its next perfect owner! The home sits proudly on a huge corner lot at the entrance of a quiet cul-de-sac and from the moment you arrive, you’ll notice the inviting wraparound rocking chair front porch—perfect for slow mornings, evening chats, and enjoying the peaceful surroundings. Step inside to a welcoming foyer that opens to a two-story great room with a catwalk overlook, creating an airy, open feel full of natural light. A separate dining room offers flexibility as a traditional dining space or the perfect home office. The spacious eat-in kitchen features butcher block countertops, stainless steel appliances, and a layout designed for both everyday living and entertaining. With an open view into the family room, it’s easy to stay connected while hosting guests or spending time with loved ones. Coveted master on main suite features LVP flooring, tray ceilings and an updated en-suite bath complete with a stylish barn door, custom tile, double vanity with butcher block counters, and a walk-in closet. Upstairs, you'll find a large loft ideal for a playroom, media room, or additional living space, along with three generously sized bedrooms and a full bath— ensuring everyone has room to spread out. Step outside to your own backyard oasis! The large, flat, fenced yard includes a fire pit and plenty of space for a playground, trampoline, or even a future pool. All of this is located in a quiet, well-established neighborhood with NO HOA, within the desirable Gum Springs Elementary and West Jackson school cluster, and is just minutes from downtown Braselton and Hoschton where you’ll find local shops, restaurants, breweries, and year-round festivals! Home does need a little TLC, paint and carpet/flooring in some areas but it is PRICED to sell and ready for all your ideas! RUN—don’t walk—to see this charming country retreat before it’s gone!
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.
