Grab your kayaks and enjoy the gentle stroll to the shoreline at this rare Lake Lanier waterfront retreat, where effortless access to the water invites you to fully embrace lakeside living. Discover a true gem featuring a highly sought-after gentle walk-to-water lot with easy, gradual shoreline access — a rare and valuable find on the lake. Tucked within the desirable Valley Hi community, this beautifully maintained Craftsman-style home offers nearly 4,000 square feet of thoughtfully designed living space that blends refined comfort with the relaxed charm of everyday lake life. Embrace the true Lake Lanier lifestyle right from your backyard — launch your kayak for a peaceful morning paddle, enjoy paddleboarding at sunrise, or unwind by the water’s edge just steps away. The smooth, easy path to your private lake frontage makes lakeside living accessible and enjoyable for all ages. Inside, soaring beamed and vaulted ceilings, hardwood and tile flooring, and abundant natural light create a warm yet elegant atmosphere throughout. The chef’s kitchen serves as the heart of the home, showcasing stone countertops, an oversized island, breakfast bar, dual sinks, and a built-in wine cooler — perfect for entertaining after a full day on the water. Multiple gathering spaces, including the oversized formal dining room, inviting great room, formal living room, and sunroom/flex space, provide seamless options for hosting or relaxing. The spacious primary suite offers a serene retreat complete with a sitting area, dual walk-in closets, and a spa-inspired bath featuring double vanities, a soaking tub, and a separate shower. Outdoor living is equally inviting with a welcoming front porch and a back deck ideal for grilling, enjoying lake breezes, or entertaining under the stars. The private, level lot offers ample space for outdoor games, gatherings, or simply unwinding in your own lakeside sanctuary. Conveniently positioned near some of Lake Lanier’s most popular marinas and waterfront destinations, you’re just minutes from Lazy Days Marina, Holiday Marina, Port of Indecision, Safe Harbor Hideaway Bay, and Lanier Harbor Marina in the City of Buford — making boating, watersports, and sunset cruises effortlessly accessible. Lakeside dining favorites such as Fish Tales Lakeside Grille and the vibrant Margaritaville at Lanier Islands — featuring LandShark Bar & Grill, Bullfrog’s Bar & Grille, and Chill Zone — are just a short drive away, offering the perfect setting for waterfront dining and entertainment. Additional highlights include a two-car garage, ample storage, and an exceptional combination of comfort, luxury, and true waterfront living. Experience the very best of Lake Lanier — where every day feels like a getaway.
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.
