Welcome to this stunning brick home that perfectly combines comfort, functionality, and outdoor living in beautiful South Effingham County, Georgia. This exceptional four-bedroom, two full and two half-bath residence has 2,260 square feet of thoughtfully designed living space that caters to both relaxation and entertainment. Step inside to discover an updated kitchen that serves as the heart of the home, featuring modern amenities and finishes that make cooking and entertaining a pleasure. The eat-in kitchen, along with the adjoining formal dining room, creates an inviting atmosphere for family gatherings and hosting friends. The primary bedroom provides a private sanctuary with generous proportions and ample natural light, providing excellent space to unwind after a long day. The upstairs bedroom with a half-bath provides flexibility for family members, guests, or a home office, adapting to your lifestyle. What truly sets this property apart is its exceptional outdoor living opportunities. The expansive lot provides plenty of room to roam, garden, or enjoy the peaceful Georgia countryside. A large concrete patio extends your living space outdoors, for barbecues, morning coffee, or evening relaxation. The screened gazebo on the patio adds an extra touch of charm and functionality, offering a bug-free zone to enjoy the fresh air year-round. For those who appreciate workspace or storage solutions, the impressive 28x24 workshop is a standout feature. Whether you're a weekend warrior with projects, need extra storage for seasonal items, or want space for hobbies and crafts, this substantial workshop provides endless possibilities. The concrete flooring and generous size make it suitable for everything from woodworking to vehicle maintenance. The location has the best of both worlds - peaceful rural living with convenient access to essential amenities. Marlow Elementary, South Effingham Middle, and High School are just a short drive away. Daily necessities are easily accessible with grocery shopping options nearby, while recreational opportunities abound at local parks and outdoor spaces. This brick home combines durability with timeless appeal, requiring minimal maintenance while providing maximum curb appeal. The mature landscaping and well-maintained grounds create an attractive first impression and provide natural privacy. Inside, the layout maximizes both privacy and togetherness, with common areas that encourage family interaction while providing quiet spaces for individual activities. Large windows throughout the home flood the interior with natural light, creating bright and welcoming spaces that feel larger than their actual square footage. This property is an outstanding opportunity to own a well-maintained home with exceptional outdoor amenities in a desirable location in South Effingham County. The combination of indoor comfort and outdoor functionality creates a lifestyle that embraces both relaxation and productivity.
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.
