Welcome to 5112 Joe Weatherly Lane, a spectacular all-brick ranch-style home nestled in the highly sought-after Manchester subdivision of Hephzibah, Georgia. This beautifully crafted floor plan offers an expansive layout of single-level living. Positioned on an impressive, premium 0.46-acre lot, this property seamlessly fuses classic southern charm with modern luxury and top-tier construction. As you cross the welcoming covered front entry and formal foyer, you are immediately greeted by an open-concept living space flooded with natural light. The expansive great room serves as the ideal hub for family gatherings, boasting attractive hardwood floors and a cozy, inviting fireplace. The living area flows effortlessly into the gourmet eat-in kitchen, which is a true chef's delight. Upgraded to perfection, it features premium granite countertops, stained custom cabinetry, high-end stainless-steel appliances, a generous pantry, and a dedicated dining area perfect for casual morning breakfasts or formal dinners alike. The home's split-bedroom configuration ensures maximum privacy, highlighting a massive master suite that serves as a true sanctuary. The primary bedroom features its own unique secondary fireplace for cold winter evenings, a sprawling walk-in closet, and a luxurious en-suite bathroom equipped with a deep garden tub, a separate standalone shower, and dual vanities. Three additional sizable bedrooms offer plush carpeting and adequate closet space, providing total flexibility for a growing family. A full bathroom and a convenient half-bath round out the functional interior layout. For tech-focused buyers, the home is fully wired for modern data and high-speed networking capabilities. Step out back to discover your own private outdoor oasis. The massive, flat backyard is completely secured by a full privacy fence, creating a safe, expansive environment for pets to roam, children to play, or for hosting large weekend barbecues. Maintaining your curb appeal is effortless thanks to a built-in automatic front and rear lawn sprinkler system. Located in the quiet and peaceful Manchester community, residents enjoy a serene, low-noise atmosphere complete with well-lit sidewalks and streetlights. Outdoor enthusiasts will love being within walking distance of the beautiful Diamond Lakes Regional Park, which offers walking trails, fishing, and sports complexes. Despite its peaceful suburban feel, this home provides unbeatable convenience with quick access to major local shopping, Fort Eisenhower, central Augusta and dining. Combining an oversized lot, flawless brick craftsmanship, and a modern open layout, this property is an absolute must-see. Schedule your private showing 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.
