Welcome to 484 Kings Road, a private retreat with room to grow. Nestled among the trees and set well back from the road, this charming 3-bedroom, 2-bathroom home offers the perfect blend of privacy, comfort, and peaceful country living. Situated on 5.07 acres, with an additional 3.89-acre parcel (482A Kings Rd) conveying at no additional cost, this property provides a rare opportunity to enjoy nearly 9 acres of space, flexibility, and future potential. From the moment you arrive, you're welcomed by a classic front porch made for rocking chairs and slow mornings, overlooking a beautifully open yard surrounded by mature trees. Inside, the home feels warm and inviting with natural light, wood accents, and a comfortable, open flow between the living, dining, and kitchen spaces, perfect for everyday living and gathering with family and friends. The kitchen offers a functional layout with ample cabinetry and workspace, while the dining area overlooks the peaceful backyard, bringing a sense of calm into the heart of the home. You'll also appreciate the spacious, dedicated laundry room and pantry, offering plenty of room for storage, organization, and everyday convenience. Step outside and experience what truly sets this property apart, a spacious back deck ideal for entertaining or unwinding while taking in the wooded views. The stock tank pool area adds a fun and relaxing outdoor feature, perfect for enjoying warm Georgia days. For those who need extra space, the large workshop with electricity is a standout, offering endless possibilities with potential for plumbing, ideal for hobbies, projects, or future expansion. Whether you're dreaming of a private homestead, space for your family to grow, or a quiet escape from the everyday, this property delivers the space, privacy, and opportunity you've been searching for.
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.
