Located in the highly sought after Seckinger High School district, this 5 bedroom, 4 bath home offers nearly 3,000 square feet and the peace of mind that comes with major updates already completed. Extensive upgrades to its major systems are already done, including a brand NEW ROOF (June 2026), new interior and exterior paint, brand new luxury vinyl plank flooring and carpet (June 2026), an oversized new HVAC system (2025), including a new furnace, all new ductwork, dual-zone thermostats, and an upgraded design with dedicated returns in every room to help maintain a cool and energy efficient home, even during Georgia's hottest summers. The floor plan offers flexibility that works for a variety of seasons of life. On the main level, you'll find a private office with French doors, a full bathroom, and a guest bedroom that's ideal for visitors, extended stays, or anyone who prefers to avoid stairs. The kitchen features granite countertops and opens to the main living areas, making it easy to stay connected whether you're hosting friends, helping with homework, or simply enjoying a quiet evening at home. Upstairs, the primary suite includes a custom closet and spacious bathroom. Three additional bedrooms are located upstairs, including one with its own private ensuite bath. The remaining two bedrooms share a hallway bathroom. Outside, the fenced backyard provides space to enjoy the outdoors, while neighborhood amenities include a community pool and tennis courts. The location is hard to beat. Ivy Creek Elementary and Jones Middle School are located just outside the neighborhood. Kroger, Mall of Georgia, Lake Lanier, restaurants, beautiful parks, and easy access to I-85 are all just minutes away. And then there's Seckinger High School. As the nation's first AI-themed high school, Seckinger has put this part of Buford on the map. The school's focus on artificial intelligence, technology, and innovation has attracted attention well beyond Gwinnett County, making this one of the most searched school districts in the area. Additional features include a garage equipped with extra electrical outlets, a 220-volt twist-lock outlet, and an exhaust vent, creating a setup that's difficult to find whether it's used for a workshop, hobby space, or automotive projects.
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.
