1190 Mill Creek Dr Dawsonville, GA 30534
Your savings
About this home
Assumable 2.875% loan for qualified buyers! Welcome to privacy and seclusion within minutes to downtown Dawsonville! This MOVE-IN READY 4-sided brick home sits on 4.14 secluded and unrestricted acres with self-sustaining living. Walk through the front door and you’ll be greeted by a large living room with soaring ceilings and charming fireplace. You’ll love the spacious renovated kitchen with tons of storage, lots of natural light, quartz countertops and stainless-steel appliances. The primary suite is on the main level with trey ceilings and access to the sun porch with café lights and ceiling fans. The primary bathroom is renovated with a large double vanity, frameless glass shower and soaking tub. Two additional main-level bedrooms share a Jack-and-Jill bathroom, each with their own private in-room vanity. Head downstairs to find a FULL finished basement with kitchenette, HUGE storage room, large living room with fireplace, a large bedroom with walk-in closet and spacious full bathroom. Do not miss the WORKSHOP perfect for woodworkers or hobbyists alike! Outdoors you’ll love the wooded seclusion this property offers. Over 4 acres of privacy to enjoy. Switchbacks and trails have been cut in the woods for you to enjoy and garden spaces including mature fruit trees and bushes and loads of room for fresh veggies. Enjoy the peaceful outdoors and cooler evenings with two fire pits! Plus, the custom-built chicken coop “Fort Flox” will welcome your feathery friends (chickens ARE available with the purchase of this home)! This home features a NEW ROOF, NEW WINDOWS, whole house back-up generator, whole house surge protector, privacy fencing and gates. Don’t miss your chance to own a secluded sanctuary that keeps you close to everything.
Source: FMLS #7663020
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.