6996 River Rock Dr Flowery Branch, GA 30542
Your savings
About this home
Nestled in the desirable Retreat at Sterling on the Lake, an active adult community, this beautifully designed 3-bedroom, 3.5-bath ranch home offers comfort, style, and an exceptional lifestyle. The inviting floor plan features a spacious eat-in kitchen with white cabinetry, a large kitchen island, breakfast bar, solid surface countertops, a walk-in pantry, and a seamless view into the family room, making it the heart of the home for gatherings and everyday living. The master suite is peaceful retreat with an elegant ensuite bathroom complete with a double vanity, a beautifully tiled shower, and a generous walk-in closet. Each of the two additional bedrooms includes its own private bath, ideal for guests or multi-generational living. This home also features a two-car garage and a level yard that backs to a serene tree line, offering both privacy and natural beauty. The gated community enhances your lifestyle with amenities that include a clubhouse, fitness center, swimming pool, tennis and pickleball courts, playground, fishing lake, and scenic walking trails. Conveniently located near shopping, schools, and everyday essentials, this home combines comfort and community in one perfect package.
Source: FMLS #7602869
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.