Minutes from Lake Lanier, this light-filled, model-like home offers a rare opportunity to own a move-in ready property in one of Cumming’s most desirable areas combining style, comfort, and everyday convenience. Best of all, enjoy the freedom of No HOA in a premier residential setting. Recently repositioned to align with today’s market, this 2023-built, move-in ready residence delivers a rare combination buyers are actively seeking: natural light, privacy, and clean, modern design without the wait or uncertainty of new construction. From the moment you step inside, the difference is immediate. Sunlight pours through oversized windows, filling the home with warmth and energy something that truly needs to be experienced in person. The layout flows effortlessly, balancing open-concept living with defined, purposeful spaces. The formal dining room sets the tone with a striking ceiling beam and designer lighting both elevated and inviting. At the heart of the home, the living area is designed for connection and comfort, anchored by a sleek fireplace and framed by peaceful, uninterrupted views of nature. The kitchen is equally impressive, featuring stone countertops, crisp white cabinetry, stainless steel appliances, and a generous island that naturally becomes the center of the home. Upstairs, the owner’s suite serves as a true retreat light-filled, private, and serene, with tray ceilings and tranquil, tree-lined views. The spa-inspired bathroom offers a soaking tub, walk-in shower, and refined finishes. Step outside to what truly sets this home apart: a private deck overlooking layered golf course views and a wooded backdrop a rare balance of openness and seclusion that is increasingly difficult to find. The partially finished basement, already framed and plumbed, provides immediate upside and flexibility ideal for an in-law suite, guest retreat, or future income-producing space. Set on over half an acre, this home offers space, privacy, and a lifestyle location that is hard to replicate. Schedule your private showing and experience the difference firsthand.
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.
