Why pay lakefront prices when you can enjoy the Lake Hartwell lifestyle just minutes away? Located only 3 minutes from the nearest boat ramp, this beautifully designed home offers quick access to boating, fishing, kayaking, and unforgettable days on the water—all while providing the space, comfort, and privacy of a thoughtfully designed residence. To make this opportunity even more attractive, the seller is offering your choice of an interest rate buydown through a preferred lender or closing cost assistance with an acceptable offer. Inside, you'll find a bright open-concept floor plan designed for both everyday living and entertaining. The highly desirable primary suite on the main level provides convenience and privacy, while the spacious living room welcomes you with abundant natural light and a cozy gas-log fireplace. The open-concept kitchen serves as the heart of the home, featuring granite countertops, a stainless-steel farmhouse sink, an oversized island with seating, and premium stainless appliances including a gas range, built-in microwave, and dishwasher. Whether hosting family gatherings or preparing a quiet dinner at home, this space was designed to bring people together. Luxury laminate hardwood flooring flows throughout the main living areas, complemented by tile flooring in the bathrooms and laundry room and plush carpeting in the bedrooms and bonus room for added comfort. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and a versatile bonus room perfect for a media room, playroom, home gym, office, or guest retreat. A thoughtfully designed Jack-and-Jill bathroom connects two of the bedrooms, offering private vanities for added functionality. Step outside and enjoy peaceful mornings, evening cookouts, or weekend gatherings from the covered back porch overlooking a tree-lined backyard. Fully fenced front and back yards provide ample space for pets, play, gardening, and outdoor entertaining. Beyond its beautiful finishes, this home offers valuable peace of mind with approximately five years remaining on the structural warranty, plus a one-year home warranty included for the new owner. With no HOA, easy access to Lake Hartwell and a flexible floor plan this property delivers the perfect combination of lifestyle, convenience, and long-term value. Whether you're looking for a primary residence, a lake-area retreat, or a home with room to grow, this property checks all the boxes.
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.
