Assumable 2.875% rate for qualified VA Buyers. Welcome to 407 Doraville Court, a beautifully designed residence offering 4,188 square feet of thoughtfully planned living space in the picturesque Woodbury Subdivision of Warner Robins. From the moment you arrive, the stone-and-brick exterior, inviting front porch, and manicured lawn set the stage for the elegance found inside. Step through the front door into a bright two-story foyer that opens into flexible spaces ideal for work, entertaining, or relaxation. French doors lead to a private office or gym, while the formal dining room features wainscoting and a tray ceiling that elevates every gathering. At the heart of the home is an open-concept great room, centered by a fireplace and seamlessly connected to the chef's kitchen. Here, an oversized island anchors the space, surrounded by granite countertops, stainless steel appliances, and ample cabinetry. A stylish breakfast area and shiplap accent wall create warmth and character, while wide windows keep the space filled with natural light. With six bedrooms and four full bathrooms, the layout offers both comfort and flexibility. Two of the guest bedrooms (one upstairs and one downstairs) include private baths, making them ideal for multi-generational living or private guest suites. The expansive primary suite is a retreat in itself, complete with a sitting area, tray ceiling, and spa-inspired bath featuring dual vanities and an impressive double shower with dual showerheads and bench seating. Outdoor living is just as impressive. A screened-in porch with a stone fireplace and TV mount extends your living space year-round, overlooking the backyard with plenty of room for play, gardening, or entertaining. Every detail of this home has been carefully designed for ease, beauty, and functionality, offering ample space to spread out, gather, and create lasting memories.
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.
