Priced for a quick sale. Amazing 4 BR/2.5 BA WITH A LOFT UPSTAIRS - 4 SIDE -BRICK ESTATE ,HUGE HOME WITH UNFINISHED BASEMENT. A forever home built to impress—where luxury meets comfort! Now available and Move-In Ready! Elegant 4-side brick exterior with timeless appeal and durability. Spacious, light-filled interiors with premium finishes. Flowing floor plan with upgraded hardwood floors throughout on main level. Gourmet Kitchen – Stainless steel appliances, granite countertops, custom cabinetry, and large island. 4 Generously Sized Bedrooms on second floor. Spacious Master Bedroom Area with tray ceilings, custom lighting, and GORGEOUS views through windows. The ensuite bathroom is a sanctuary with a walk-in Tile shower. Unfinished Basement would be perfect for further entertainment suite or in-law quarters to be built. LUXURY OUTDOOR COVERED DECK – ENTERTAINER’S PARADISE! Neighborhood has a nice pool, cabana & barbecue area. Famous neighborhood-The Village At Ivy Creek with Top-rated school district. Home is located in one of Buford’s most desirable communities, zoned for the innovative Seckinger STEM High School. Walking distance to Mall of GA, restaurants and shopping centers. Minutes to parks and recreational facilities and Hwy 85, Hwy 985, Hwy 316. The location is one of the best -the new Exchange at Gwinnett featuring Top Golf, Andretti Racing, Gwinnett Stripers stadium. This neighborhood is very close to all the places you can imagine- car dealerships, movie theaters, gyms, restaurants, shopping, hospitals & all fun places. Don’t Miss Out This meticulously crafted home blends elegance and functionality. *SCHEDULE YOUR PRIVATE SHOWING TODAY!*
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.
