Welcome to 412 Live Oak Pass, Loganville — a truly stunning 5-bedroom, 4-bath 4-sided brick home located in a beautifully maintained gated community in Walton County and zoned for the sought-after Loganville High School district. From the inviting rocking chair front porch, this home makes an unforgettable first impression. Step inside to find gleaming hardwood floors and an elegant formal dining room, perfect for hosting gatherings. Across the hall, a spacious guest suite or private office offers flexibility for today’s lifestyle needs. The heart of the home is the expansive family room, which flows seamlessly into a chef-inspired kitchen featuring an oversized island, stainless steel appliances, granite countertops, double ovens, gas cooktop, and an oversized walk-in pantry. Entertain effortlessly with the separate butler’s pantry and built-in wine rack, adding both style and function. Upstairs, retreat to the truly oversized primary suite with a tray ceiling and an impressive private sitting room. The luxurious en-suite bath includes dual vanities, a soaking tub, custom tile shower with glass enclosure, and a dream walkin closet with direct access to the laundry room for ultimate convenience. Three additional spacious bedrooms upstairs showcase cathedral ceilings, walk-in closets, and direct access to a full bathroom, with one bedroom even opening to its own private balcony. Situated on a level, flat lot, this exceptional home offers both curb appeal and functional outdoor space. Conveniently located near top-rated schools, including Bay Creek Elementary. Luxury, space, and location come together beautifully in this remarkable Loganville home. Don’t miss your opportunity to make it yours!
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.
