Days on Market is incorrect and BrightMLS is working on resolving. Property was active 6/1. Elegant and extensively renovated Tamarack residence offering over 4,400 square feet on a beautifully landscaped .46-acre cul-de-sac lot. Thoughtfully updated with over $700,000 in additions and renovations, this exceptional home blends timeless design with modern functionality in one of Vienna’s most sought-after neighborhoods. A fully renovated and expanded kitchen serves as the heart of the home, featuring custom cabinetry, granite countertops, an oversized island, double ovens, warming drawer, wine refrigerator, recessed lighting, and seamless flow into the main living spaces. The inviting family room is anchored by a modern stacked-stone fireplace, while formal living and dining rooms provide elegant entertaining spaces. A light-filled sunroom addition offers flexible living space with direct walk-out access to the expansive deck for effortless indoor-outdoor living. Hardwood flooring and thoughtful upgrades throughout create a warm yet refined feel. A substantial 2016 upper-level renovation nearly doubled the upper-level square footage, transforming the original layout of four bedrooms and two baths by adding a luxurious primary suite with two walk-in closets and a spa-inspired bath featuring heated floors, soaking tub, oversized walk-in shower, and double vanity. The renovation also added a spacious upper-level laundry room. The result is a highly functional five-bedroom upper level with 3 full baths designed for modern living. Additional updates include fully renovated basement bath, replaced and expanded closet doors, replaced interior doors and hardware throughout the home, and newly replaced upper-level carpet in 2025. The finished walk-out lower level offers exceptional flexibility with a renovated recreation area, custom bar cabinetry, full bath, and direct access to the lower-level patio for seamless indoor-outdoor living. Outdoors, enjoy a fully fenced backyard with mature landscaping, added privacy screening, expanded driveway, and cul-de-sac setting ideal for both everyday living and entertaining. Significant capital improvements include roof replacement with new plywood, updated HVAC systems including the addition of a dedicated upper-level HVAC system, rebuilt and expanded garage, replacement of the sewer line beneath the home, installation of a second electrical panel and replacement of the original panel, extensive recessed lighting throughout, expanded driveway with improved drainage, exterior stone veneer enhancements, new front walkway and portico, updated siding, gutter guards, and replacement of interior doors and hardware throughout the home. Located in the sought-after Tamarack community with access to the Washington & Old Dominion Trail, Fairfax Cross County Trail, and Hunter Mill Swim & Racquet Club, this home offers an exceptional Vienna lifestyle with convenient access to shopping, dining, and commuter routes.
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.
