Welcome to this stunning home in Stuarts Crossing. set on just under 1.5 acres. The open floor plan feels bright and easy, making it great for everyday life and for hosting friends. Outside, you’ll find a standout space with a large TimberTech deck, a covered patio, an outdoor gas fireplace, and Infratech heaters — perfect for enjoying the outdoors in every season. Inside, you’re welcomed by an open foyer that connects to the dining room and a formal living room, creating a nice sense of space right from the start. From there, the layout flows into the family room, which opens to the eat‑in breakfast area and kitchen — a comfortable setup for everyday living. Large doors lead straight out to the deck, making it easy to enjoy the outdoors. The fresh paint gives the home a clean, updated feel. The owner’s suite is a comfortable, private space that really feels like its own retreat. The bedroom offers plenty of room to spread out, with a layout that makes it easy to create a cozy sitting area, reading nook, or whatever fits your routine. The recently totally renovated primary bathroom is where the upgrades truly shine. Everything was done with quality in mind, and it shows the moment you walk in. The steam shower is a standout feature — spacious, beautifully finished, and perfect for unwinding after a long day. The heated floors add a level of comfort you don’t realize you’re missing until you have them, especially on cooler mornings. A beautiful custom vanity completes the space, Primary closet has been upgraded with a closet system. As well on the upper level, 3 additional spacious bedroom and 2 additional baths. The basement adds even more usable space with newly refreshed flooring. It includes a bedroom, a full bathroom, a spacious rec room, and a separate storage room, giving you plenty of flexibility for guests, hobbies, or extra living space. The 2 car garage offers plenty of storage with custom cabinetry, and there’s a large custom shed for even more flexibility. The lot is well‑positioned and with a beautiful wooded view— great for a fire pit, hammocks, or simply relaxing in the trees. The neighborhood is friendly and if you enjoy nature, nearby there is easy access to the Spotsylvania Battlefield trail system.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
