Nestled in the highly sought-after Stafford Mews neighborhood, this beautiful three-level end-unit townhouse offers the perfect layout, substantial major system upgrades, and an unbeatable location close to the back gates of Quantico Marine Base, I-95, Route 1, and premier local shopping. Step inside to a welcoming foyer featuring low-maintenance laminate flooring that flows seamlessly throughout the entire main level. Just off the entry, you will find a conveniently located, easily accessible half bath. The heart of the home opens up into a bright, well-appointed kitchen on your left, boasting rich wooden cabinetry, stainless steel appliances, a ceiling fan, a garbage disposal, and a dedicated hallway pantry for effortless storage. The kitchen flows openly into an expansive family room and dining room combination—perfect for hosting friends or relaxing with family. From the living area, elegant French doors open directly onto a spacious deck, ideal for outdoor dining, entertaining, or simply enjoying the peaceful community views. The modern aesthetic continues upstairs with durable laminate flooring spanning every bedroom. The primary suite is a true retreat featuring double closets and a private ensuite bathroom equipped with a luxurious jetted tub, tub/shower combo, and a single vanity. Two more bright and airy bedrooms share a well-sized hallway full bath complete with a tub/shower combination and a single sink. The fully finished walk-out basement provides cozy, wall-to-wall carpeting and offers an ideal layout for a rec room, home office, or gym. Cozy up by the charming wood-burning fireplace on chilly evenings. This level includes functional storage hidden right beneath the entryway, an additional convenient half bath, and a dedicated laundry room. Best of all, the washer and dryer convey with the property! Buy with absolute confidence knowing all the big-ticket items have already been taken care of for you: HVAC: Replaced in 2022 Roof: Replaced in 2022 Water Heater: Replaced in 2023 Don't miss out on this move-in-ready gem that perfectly balances comfort, peace of mind, and the ultimate North Stafford location!
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.
