Welcome home to this beautifully designed SOUTH FACING 5-bedroom, 3-bath custom home, with a Bedroom on the main that is perfectly situated in a serene community that offers peaceful country charm with city conveniences. Located just minutes from Cumming City Center, Lake Lanier, the Big Creek Greenway, and top-tier shopping and dining, this home is ideal for those who crave both tranquility and accessibility. Step inside and be greeted by a gorgeous foyer that flows into an open floor plan with Luxury Vinyl planking throughout the main level. The elegant dining room sets the stage for memorable gatherings, while the wrought iron spindle staircase adds a touch of sophistication. From the foyer, you'll enjoy a breathtaking view into the family room and entertainer’s kitchen. The family room is warm and inviting, featuring a cozy fireplace perfect for relaxing evenings. The chef’s kitchen is a dream, boasting white cabinets, granite countertops, stainless steel appliances, a walk-in pantry, and an oversized kitchen island—ideal for entertaining and everyday living. This home also offers practical convenience, with a laundry room on the main level, a bedroom and full bath on the main level, and a spacious 2-car garage. Step outside to your oversized covered slate patio, where you can relax while enjoying the fenced backyard, perfect for hours of play. The sprinkler system ensures your lawn stays lush and green for years to come. Upstairs, retreat to the oversized primary suite, complete with a luxurious en suite bath, walk-in closet, double vanity, separate walk-in shower, and soaking tub—your private oasis. Down the hall, you’ll find two additional generously sized bedrooms with Walk in Closeets and an Oversized Bedroom/media room with closet, perfect for visitors or unforgettable movie nights. Located in the highly sought-after Forsyth County School District, this home offers a daily retreat to every day living, With easy access to GA-400 making your commutes a breeze, parks, shopping, and outdoor recreation, this home offers the perfect blend of comfort, style, and convenience. This home is one of the biggest and most beautiful floor plans in the Bramblett Grove neighborhood at 3200 square feet. After listing briefly last year the seller pulled the home off the market to address some health issues and now we are back on the market giving you another chance to make this beautiful Cumming Home yours today.
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.
