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. Set on a highly desirable lot with 100+ feet of waterfrontage, dock permit eligibility (subject to Corps approval), and a beautiful sandy beach at the water's edge, this property offers a rare combination of easy, gradual access and a true lakeside experience that's hard to find. Tucked within the sought-after Valley Hi community, this beautifully maintained Craftsman-style home offers nearly 4,000 square feet of thoughtfully designed living space, blending refined comfort with the relaxed charm of everyday lake life. From your backyard, enjoy peaceful morning kayak launches, paddleboarding at sunrise, or unwinding along your private shoreline - all made even more special by the smooth path leading to your sandy beach frontage. Adding to the property's versatility is a long second driveway, ideal for boat and trailer storage, with potential to extend further and create a level parking pad perfect for RV storage. 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, featuring stone countertops, an oversized island, breakfast bar, dual sinks, and a built-in wine cooler - ideal for entertaining after a day on the lake. Multiple gathering spaces, including an oversized formal dining room, inviting great room, formal living room, and sunroom/flex space, offer flexibility for both hosting and everyday living. The spacious primary suite provides a peaceful retreat with a sitting area, dual walk-in closets, and a spa-inspired bath complete with double vanities, a soaking tub, and separate shower. Outdoor living is just as inviting with a welcoming front porch and a back deck perfect for grilling, enjoying lake breezes, or entertaining under the stars. The private, level lot offers ample space for outdoor activities or simply relaxing in your own lakeside sanctuary. Conveniently located just minutes from GA-400, I-985, I-85, and Peachtree Industrial Boulevard, you'll enjoy easy access while still feeling tucked away. Nearby marinas including Lazy Days, Holiday Marina, Port of Indecision, Safe Harbor Hideaway Bay, and Lanier Harbor make boating effortless, while popular lakeside destinations like Fish Tales and Margaritaville at Lanier Islands offer dining and entertainment just a short drive away. Experience the very best of Lake Lanier living - where sandy shoreline, expansive waterfrontage, and everyday convenience come together to create a true retreat.
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.
