Assumable VA Loan Opportunity in Heron Bay Golf & Country Club | Locust Grove, GA Welcome to resort-style living in the highly sought-after Heron Bay Golf & Country Club, a master-planned community that was proudly recognized as Community of the Year by the Home Builders Association. Built in 2020 and barely lived in, this stunning 5-bedroom, 4-bathroom home offers 3,633 square feet of thoughtfully designed living space and an incredible opportunity to assume the seller's low-interest VA loan, potentially saving thousands compared to today's mortgage rates. From the moment you enter, you'll appreciate the open-concept design, spacious living areas, and numerous upgrades throughout. The main level features a guest bedroom and full bathroom, making it ideal for multi-generational living, visiting family, or a private home office. The heart of the home is the chef-inspired kitchen, complete with a touchscreen Samsung refrigerator, gas cooktop, oversized center island, double pantry, and abundant cabinet space. Entertain with ease in the oversized family room and elegant dining area featuring upgraded lighting. Upstairs, you'll find a spacious loft that serves as the perfect entertainment center, media room, play area, or secondary living space. Storage will never be an issue with the large hallway walk-in closet, dedicated laundry room storage cabinets, and a custom California-style owner's closet. The luxurious owner's suite offers a private retreat with a spa-inspired bathroom and custom closet system. A separate teen suite with its own walk-in closet and private bathroom provides comfort and privacy for older children or guests. Step outside and enjoy a fully fenced backyard complete with a 10' x 16' storage shed, perfect for lawn equipment, tools, outdoor gear, and seasonal storage. The included swingset creates a fun outdoor space for children and family gatherings. Additional features include: * Assumable low-interest VA loan * 5 Bedrooms | 4 Bathrooms * 3,633 Square Feet * Built in 2020 * Guest suite on main level * Double pantry * Oversized family room * Large loft/entertainment area * California-style primary closet * Teen en-suite bedroom * Touchscreen Samsung refrigerator included * Washer and dryer included * Gas cooking * Large kitchen island * Laundry room storage cabinets * Walk-in storage closet * 10' x 16' outdoor storage building * Backyard swingset included Living in Heron Bay means access to exceptional amenities including: * Championship Golf Course * Country Club * Resort-Style Aquatic Center * Tennis Courts * Playground * Walking Trails * Lakefront Pavilion * Fire Pit Gathering Area * Clubhouse and Community Events Conveniently located near Interstate 75, shopping, dining, schools, and medical facilities, this home offers the perfect blend of luxury, comfort, and community living. Schedule your private showing today and discover why so many families choose to call Heron Bay home.
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.
