Welcome to 6417 Barker Station Walk, nestled in the heart of Sugar Hill, Georgia. This exquisite home, priced at $415,000 with SELLER PAID CLOSING COSTS, 1 Year Home Warranty And Free Appraisal! This home promises more than just a place to live—it offers a lifestyle to be cherished. As you step through the front door, the foyer welcomes you with open-concept design, inviting you to explore further. Picture yourself relaxing in the living room where echoes of laughter fill the air during family and friend gatherings. The seamless flow leads you to a kitchen which can be the heart of the home. Imagine the aroma of freshly baked cookies wafting through the air, drawing everyone around the inviting island for cherished conversations. The dining area is perfectly poised for small intimate dinners or festive celebrations, each moment framed by the gentle glow of natural light pouring through generous windows. Feel the warmth of the cozy, yet expansive, atmosphere wrapping around you, promising comfort at every turn. Upstairs, discover a sanctuary of rest with four generously sized bedrooms and an extra loft space perfect for a home office, play or media room. The primary bedroom is a peaceful retreat where you can unwind, feeling the soothing embrace of quiet elegance. The bathroom in the primary bedroom offers ample space, double vanities and a large walk-in closet. The quaint private backyard is perfect for morning coffee in the tranquil embrace of nature behind the home or evening gatherings under a starlit sky. This is more than just a house; it’s a home where every corner whispers warmth and every room tells a story. It’s a place where you’ll feel the embrace of a welcoming community, and the vibrant spirit of Sugar Hill just beyond your doorstep. Don’t miss the chance to make this dream your reality. Reach out today to schedule a private showing and begin your next chapter at 6417 Barker Station Walk. Your future home awaits.
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.
