6005 Bateau Dr, Flowery Branch, GA 30542
5 beds · 4 baths · 4,132 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Exquisite south-end Lake Lanier home in the sought-after Harbors community, offering direct lake access, a sparkling private pool with an expansive pool deck, and a covered dock with dual Sea-Doo ports and a swim platform. Tucked in a quiet cove, the property sits on a large corner lot with a fenced backyard and wooded views. Located near Hideaway Bay, Aqualand, and Port Royale marinas and just minutes from Historic Downtown Flowery Branch, this home is perfect for those seeking the lake lifestyle without sacrificing comfort or convenience. Inside, a two-story Foyer welcomes you into a spacious Den and Formal Dining Room. The Chef's Kitchen features stainless steel appliances, granite countertops, and a sunny Breakfast Room. The adjacent Family Room includes a cozy fireplace and opens to a screened-in porch-ideal for outdoor dining or simply enjoying the peaceful setting. Upstairs, the Primary Suite features tray ceilings, a Sitting Area, and a large Bath with heated tile floors, dual vanities, a clawfoot soaking tub, a custom multi-jet shower with a bench, and a walk-in closet. Three additional Guest Bedrooms and a renovated Guest Bathroom complete the upper level, providing comfortable space for family and guests. The finished Terrace Level includes a private Secondary Suite with an ensuite Bath and walk-in closet, a Billiards Room, Media Area, and a versatile Flex Room perfect for a Home Office or Gym. A second screened-in porch opens to the backyard and pool-great for entertaining or relaxing in a low-maintenance outdoor space. Recent updates include a NEW roof, NEW energy-efficient windows throughout the home, including all bedrooms and the entire front-facing side, and NEW refinished hardwoods on the Main Level. Premium wide-plank flooring was installed on the Upper and Terrace Levels, offering seamless hard-surface finishes throughout. The entire interior and exterior have been freshly painted, and the two-car garage is equipped with NEW insulated doors and LiftMaster MyQ smart openers. The Home presents an outstanding opportunity to experience the Lake Lanier lifestyle in a quiet, established community. This Certified Move-In Ready Home has been professionally inspected, includes a comprehensive 2-10 Home Warranty, and is priced below recent appraisal, providing instant equity.
Source: FMLS #7562756
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 #7562756
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 and Equal Opportunity Act.