Experience luxury country living at its finest in this extraordinary custom-built estate situated on 3.25 private acres in Forsyth. Designed by the original builder-owner, this stunning four-sided brick residence offers approximately 8,000 square feet of thoughtfully crafted living space, including a fully finished terrace level built for entertaining and multi-generational living. The main level features an expansive open layout with 4 bedrooms, 3 full baths, and a half bath, highlighted by extensive custom trim work, soaring ceilings, beautiful crank-out casement windows, and abundant natural light throughout. The oversized chef’s kitchen is truly the heart of the home, showcasing custom cabinetry, granite countertops, under-cabinet lighting, upgraded stainless steel appliances, dual dining areas, and seamless flow into the sunroom, great room, and formal dining space. Retreat to the private owner’s suite tucked away behind elegant French doors, complete with dual walk-in closets and a spacious spa-inspired bath. Additional main-level features include a large executive office, split-bedroom floorplan, Jack-and-Jill bath with pocket doors, and an oversized laundry/mud room equipped with extensive cabinetry, utility sink, and a dedicated dog wash station. The fully finished daylight basement offers incredible flexibility with a second full kitchen featuring granite countertops, abundant cabinet storage, under-cabinet lighting, 3 additional bedrooms, another Jack-and-Jill bath, half bath, and expansive gathering spaces ideal for entertaining, recreation, or extended family accommodations. Outdoor living is equally impressive with covered front and rear porches overlooking the fenced backyard, extensive concrete driveways, and a charming custom treehouse complete with electricity, lighting, and air conditioning. Car enthusiasts and hobbyists will appreciate the rare 6-car garage setup, including a 4-car side-entry garage on the main level plus an additional 2-car garage with separate driveway access on the terrace level. Additional upgrades include a whole-house backup generator, multi-zone irrigation system, abundant storage throughout, and exceptional attention to detail rarely found at this price point. This one-of-a-kind estate combines craftsmanship, functionality, and timeless design in a peaceful Monroe County setting just minutes from downtown Forsyth.
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.
