118 Raven Rd, Villa Rica, GA 30180
4 beds · 3 baths · 2,480 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Beautifully Renovated 4-Bedroom Home on 1.5 Acres with Finished Basement, Modern Updates, and Prime Location Near I-20 Welcome to your dream home! This fully renovated 4-bedroom, 3-bathroom home offers the perfect blend of modern luxury and peaceful country living. Nestled on a quiet street just minutes from shopping, dining, and I-20 access, this 1.50-acre property provides privacy, convenience, and style. Originally built in 1985, the home now features 1,578 square feet of updated main-level living space plus a finished 902-square-foot walk-out daylight basement. Step inside to an inviting open-concept floor plan with a stunning family room featuring a wood-beamed ceiling, cozy fireplace, built-in cabinetry, and expansive windows that fill the space with natural light. The gorgeous kitchen is a chef’s dream with quartz countertops, bold green cabinetry, a farmhouse sink, stainless steel appliances, a custom wood vent hood, open shelving, and a massive island with bar seating and storage. The main level includes three spacious bedrooms, including a serene primary suite with a spa-like ensuite bathroom featuring dual rainfall shower heads, a vessel sink, subway tile, and modern fixtures. The second full bathroom mirrors the home’s contemporary style with updated lighting, a round mirror, and a rainfall shower head. Custom closet shelving adds to the thoughtful design throughout the home. Downstairs, the finished basement offers a large bonus room, an additional bedroom, a full bathroom, and a storage room—perfect for a guest suite, home office, gym, or media space. Unique touches like shiplap walls and a corrugated metal ceiling create a rustic yet modern vibe. Outside, the backyard is a true retreat with a custom-built fire pit area, multiple fruit trees, grapevines, a garden space, and a fenced area for pets. A matching storage building provides extra space for tools, a workshop, or a potting shed. Aerial views highlight the expansive open spaces and wooded privacy. This move-in-ready home has it all—modern updates, spacious living areas, private acreage, and a prime location with easy access to Villa Rica, Carrollton, and the Atlanta metro area. Don’t miss out on this incredible opportunity—schedule your private showing today!
Source: FMLS #7545161
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7545161
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.