Tucked away on 1.75 acres of peaceful privacy, this stunning custom home offers a setting that feels like your own private retreat. As you arrive, you'll cross a charming stone bridge where the home comes into view, showcasing a classic Southern wraparound porch and oversized windows that perfectly frame the surrounding trees and creek views.Inside, the thoughtfully designed three-story open floor plan blends elegance with comfort. The walkout basement is ideal for a mother-in-law suite or visiting guests, complete with a kitchenette, theater room, living area, and private bedroom with en suite--creating a space that feels like its own private apartment.The main level features a spacious primary suite along with an additional bedroom, offering convenience and flexibility. Upstairs you'll find three more bedrooms, a full bath, and a dedicated storage or craft room, providing plenty of room for family, hobbies, or work-from-home space. Throughout the home, details elevate every space--from hardwood flooring, heavy molding, arched doorways, and shiplap accents to Andersen transom windows and recessed lighting that fill the home with natural light. Both the interior and porches are wired with built-in recessed speakers, creating the perfect atmosphere for entertaining or relaxing to your favorite music. Additional features include two gas fireplaces, drip irrigation, waterfall spotlighting, invisible pet fencing, landscape lighting on timers, and a spacious three-car garage with built-in cabinets, a mud sink and home gym-- thoughtful touches that combine beauty with everyday functionality. Surrounded by nature yet designed for modern living, this home offers the rare combination of privacy, craftsmanship, and space to truly enjoy the best of Southern living. Mount Vintage in North Augusta, SC, is a 2,000-acre master-planned community featuring a 27-hole championship golf course, a Town Center clubhouse, a junior Olympic swimming pool, and a fully equipped fitness center. Residents enjoy lighted Har-Tru clay tennis courts, bocce ball courts, community gardens, and scenic walking trails. Mount Vintage Stables is an equestrian facility located within the Mount Vintage Plantation golf community in North Augusta, South Carolina. It offers onsite boarding for residents, features community stables, and serves as the training location for the USCA Western IHSA equestrian team.
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.
