Welcome home to this beautifully designed Magnolia plan by Lennar, offering an exceptional blend of space, function, and timeless charm. Move-in ready and waiting for your personal touches, this home features a thoughtfully crafted floor plan filled with standout details throughout. The main living area showcases custom built-ins and flows seamlessly into a spacious layout ideal for both everyday living and entertaining. The primary suite is truly a retreat, complete with its own fireplace, private sitting area, and an oversized walk-in closet that feels like a room of its own—featuring a bonus space perfect for a home office, dressing room, or flex area. Upstairs, generously sized secondary bedrooms each include walk-in closets, while the conveniently located laundry room offers added functionality with a utility sink. A main-level bedroom and full bath provide the perfect setup for guests or multigenerational living. The heart of the home includes a separate dining room, an eat-in kitchen, and a light-filled sunroom-style space just off the breakfast area—ideal for relaxing or morning coffee. A hidden walk-in pantry adds a unique and practical touch, while the drop zone off the two-car garage keeps everyday life organized. On the opposite side, a third garage provides even more flexibility for storage, hobbies, or additional parking. Storage is abundant throughout the home, with oversized closets and well-planned spaces at every turn. Perfectly positioned in the center of the neighborhood, this home sits just steps from resort-style amenities including tennis courts, a playground, pool, and covered pavilion. Located in the highly sought-after Vickery Creek Elementary School district, and just minutes from premier shopping and dining at Avalon, Halcyon, and The Collection at Forsyth, with quick access to Georgia State Route 400. Enjoy lower HOA dues, and a lifestyle that truly has it all. This courtyard-style home with a 3-car garage is a rare find—don’t miss your opportunity to make it yours!
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.
