Welcome to 5614 Hawthorn Drive, a beautifully maintained residence nestled in the peaceful and prestigious Woodlands at East Hall community in Gillsville, Georgia. From the moment you arrive, the charming front porch and spacious corner lot in a quiet cul-de-sac invite you into a home designed for both comfort and elegance. Step inside to discover an inviting open-concept layout where the great room flows seamlessly into the eat-in kitchen, featuring stylish stained cabinets and durable laminate counters—a perfect space for gatherings and everyday living. The main level is highlighted by a luxurious master suite complete with a relaxing soaking tub and a walk-in closet, offering a private sanctuary, while two additional bedrooms provide flexible space for family, guests, or a home office. Thoughtful upgrades such as disappearing attic stairs, tray ceilings, and energy-efficient insulated windows enhance the home’s appeal, and the rear deck invites you to enjoy serene views of the garden and beyond. Ideally positioned in Hall County, this home offers a tranquil retreat while remaining just minutes from essential amenities, with easy access to major routes like I-985 and GA-365, placing you within a short drive to shopping, dining, and entertainment in Gainesville, as well as the natural beauty of Lake Lanier and nearby parks. With no HOA fees, a two-car garage, and modern systems including heat pump heating and cooling, this property represents a rare opportunity to enjoy move-in-ready sophistication in a highly convenient location—schedule your showing today to experience the perfect blend of countryside charm and suburban accessibility.
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.
