A beautifully maintained craftsman in the sought-after Barrington Estates community of Sugar Hill — built in 2015, thoughtfully upgraded over the past decade, and ready for its next chapter. This 4-bedroom, 3.5-bath home spans 3,768 SF across two stories and a finished basement, with a builder-added 4-foot rear extension that brings permanent extra square footage. Inside, 9-foot ceilings and luxury vinyl plank flooring flow through an open main level anchored by a gourmet kitchen — stainless steel appliances, gas cooktop, granite countertops, dark wood cabinetry, a center island with sink, and a striking tile backsplash. The kitchen opens to a comfortable living room with fireplace, while a tucked-in home office nook offers a quiet workspace without sacrificing square footage. A formal dining room, half bath, and laundry complete the main floor. Upstairs, the primary suite is a true retreat — generously scaled, with a spa-style bath featuring a soaking tub, separate shower, dual vanities, and a walk-in closet. Three additional bedrooms, a versatile loft, and two more full baths give every family member room to spread out. Downstairs, the finished basement is built for movie nights and game-day gatherings — wired and equipped with surround sound speakers, a dedicated media area, flex space, and a full bath. Step out to a covered under-deck patio with ceiling fans and ambient lighting — a rain-or-shine outdoor space accessible directly from the lower level. The screened-in lanai is where mornings with coffee and evenings with a book happen, while the rebuilt upper deck (2024) extends entertaining options with a stubbed gas line ready for a future grill or fire feature. A professionally engineered retaining wall expands the usable outdoor footprint, all framed by a private fenced yard. What sets this home apart is what's already been taken care of. A brand-new roof, recently replaced sewer infrastructure, and fresh interior and exterior paint (2026) join a long list of seller investments — including main-level luxury vinyl plank (2019), basement tile (2023), the deck rebuild and under-decking system with electrical (2024), a tankless on-demand gas water heater, a generator-ready electrical panel with zone-based backup capability, and Cat5 low-voltage wiring throughout. The garage adds a built-in dog wash and utility bath plus overhead storage racks. Move in, settle in, and start enjoying — the heavy lifting is done. Barrington Estates offers swim and tennis amenities, and the home is zoned for the Lanier High School cluster. Quick access to I-985, I-85, and GA-400 makes commutes and weekend escapes equally easy, with Lake Lanier just minutes away and the Mall of Georgia close by. A craftsman built with care, kept with care, and ready for the family that's next.
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.
