Georgia › Wayne County
Homes for sale with assumable mortgages in Wayne County, GA
5 homes for sale in Wayne County where the buyer can take over the seller's FHA or VA loan, recorded from 2020 to early 2022 when rates were under 4%. Updated October 18, 2026.
- 5homes
- 4under 3%
- 2.25%lowest rate
- $90,690median cash to assume
- $470/momedian savings vs 7.36%
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Towns in Wayne County: Jesup, Odum.
Lowest-rate homes in Wayne County
-
2.25% from loan recordsFHA loan, recorded Jan 2021
695 Lanes Bridge Rd, Jesup 31545
$165,000 · 3 bd · 2 ba · 1,928 sq ft · House · built 1960 · listed 94 days ago
- Cash to assume
- $48,919
- Payment if assumed
- $518/mo
- Saves vs 7.36% today
- $283/mo
-
2.5% from loan recordsVA loan, recorded Jan 2021
21 Bailey Dr, Jesup 31545
$305,000 · 3 bd · 2 ba · 1,938 sq ft · House · built 2006 · listed 120 days ago
Cash to assume and monthly savings: Pro
-
2.875% from loan recordsVA loan, recorded Jan 2021
746 Catherine St, Jesup 31546
$485,000 · 4 bd · 4 ba · 3,392 sq ft · House · built 2008 · listed 16 days ago
Cash to assume and monthly savings: Pro
-
2.875% from loan recordsVA loan, recorded Jan 2021
415 Walter St, Odum 31555
$324,900 · 3 bd · 2 ba · 1,864 sq ft · House · built 2003 · listed 108 days ago
Cash to assume and monthly savings: Pro
All 5 homes
| Home | City | Price | Beds | Rate | Loan |
|---|---|---|---|---|---|
| 695 Lanes Bridge Rd | Jesup | $165,000 | 3 | 2.25% | FHA |
| 21 Bailey Dr | Jesup | $305,000 | 3 | 2.5% | VA |
| 415 Walter St | Odum | $324,900 | 3 | 2.875% | VA |
| 746 Catherine St | Jesup | $485,000 | 4 | 2.875% | VA |
| 120 Carter St (may be off market) | Jesup | $150,000 | 2 | 3% | FHA |
How assuming a mortgage works in Wayne County
You take over the seller's existing loan: its rate, its remaining balance, and its remaining term. The difference between the price and the balance is the cash to assume, paid to the seller in cash or with a second loan.
- FHA loans: you apply with the seller's loan servicer and qualify much like a new loan, and you have to live in the home.
- VA loans: you don't have to be a veteran to assume one. If you aren't, the seller's VA entitlement stays with the loan, so some sellers prefer veteran buyers. The VA charges a 0.5% funding fee on an assumption, waived for veterans who receive VA disability compensation.
- Timing: the servicer approves the assumption. VA requires a decision within 45 days of a complete application; FHA sets no deadline. Plan on roughly 45 to 90 days to close.
More in the guides to assuming a VA loan and assuming an FHA loan.
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Rates come from each loan's public records (HUD's FHA records or the lender's federal HMDA report) where we can match the loan; the rest are estimates from the average 30-year rate in the month the loan was recorded (VA loans usually came in lower; FHA loans landed on both sides). Balances are estimates: the original loan amount from public records, paid down to today. Prices are from the listing when we first found it; check the listing for the current price. Savings compare the same loan amount at today's average rate. Not a brokerage, lender, or advisor; confirm everything with the listing agent and the loan servicer.