Welcome to a beautifully designed home where space, style, and everyday convenience come together in one of Douglasville's most sought-after communities, perfectly situated on a SPACIOUS 1-ACRE LOT WITH IRRIGATION SYSTEM for added convenience and year-round curb appeal. Step inside to a grand 2-STORY FOYER that opens to a formal LIVING ROOM AND DINING ROOM, creating the perfect setting for entertaining and everyday gatherings. Just beyond, the main living area features a warm and inviting FAMILY ROOM WITH COFFERED CEILING AND FIREPLACE, ideal for relaxing at the end of the day. The kitchen is thoughtfully designed with 42" CABINETRY, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, TILE BACKSPLASH, AND A GAS COOKTOP WITH DOUBLE OVEN, along with a PENINSULA WITH SEATING that offers both functionality and connection to the living spaces. The main level includes a GUEST BEDROOM WITH FULL BATH, perfect for visitors or multi-generational living. Upstairs, you'll find a versatile HOME OFFICE OR FLEX SPACE CONVENIENTLY LOCATED ACROSS FROM THE OWNER'S SUITE, providing the ideal setup for working from home or additional living space. The spacious owner's retreat serves as a private escape, featuring TRAY CEILINGS, WALK-IN CLOSETS, DOUBLE VANITIES, A SEPARATE SHOWER, AND A GARDEN TUB. Each of the secondary bedrooms upstairs is thoughtfully designed with access to its own DEDICATED BATHROOM, offering comfort, privacy, and convenience for family members and guests alike. The FULL DAYLIGHT BASEMENT WITH WALK-OUT AND WALK-UP ACCESS is already stubbed for a bath and offers endless potential for future expansion-whether you envision a home theater, gym, or additional living space. Enjoy access to community amenities including a CLUBHOUSE, POOL, TENNIS COURTS, SIDEWALKS, AND STREET LIGHTS, all within a well-maintained neighborhood with underground utilities. Just minutes away, you can explore Sweetwater Creek State Park for scenic trails and waterfront views, Downtown Douglasville for local dining and community events, Arbor Place Mall for shopping and entertainment, and Boundary Waters Park for outdoor recreation. With over 3,000 SQ FT OF LIVING SPACE, high ceilings, hardwood floors, and a layout designed for modern living, this home offers the perfect balance of comfort, functionality, and location. Don't miss your opportunity to make it yours. Supreme Lending is the preferred lender for this listing and may offer qualified buyers up to a $4,000 lender credit along with a reimbursement of the appraisal cost when financing through Supreme Lending. Terms, conditions, and eligibility requirements apply.
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.
