Ask about our aggressive buyer incentives. Welcome to this beautifully updated and thoughtfully redesigned home offering nearly 2,000 square feet of finished living space across three levels in the highly sought-after Kings Park West community. From the moment you step inside, you’ll notice the open, modern feel created by intentional renovations and quality upgrades throughout. The main level has been completely transformed with hardwood flooring (2021), updated lighting, and an open-concept layout enhanced by the removal of a wall in the living room and the addition of stylish railings in the stairwell, entryway, and between the living and dining areas. The kitchen flows seamlessly into the dining space and features refinished flooring to perfectly match the hardwoods, creating a cohesive and elevated look. A fully renovated half bathroom on this level showcases modern finishes, including floor-to-ceiling tile, a new vanity, updated fixtures, and thoughtfully selected finishes throughout. Upstairs, you’ll find a spacious primary suite complete with its own private full bathroom, along with two additional bedrooms and another full bathroom serving the secondary bedrooms. The upper level has been enhanced with hardwood flooring (2021), recessed lighting (2022), and updated outlets, providing both style and functionality throughout. The finished basement offers exceptional additional living space with a large family room featuring a cozy fireplace—perfect for entertaining, relaxing, or creating a home office or guest retreat. The lower level also includes a full bathroom and a utility/storage area, adding flexibility and convenience. Major system upgrades provide peace of mind, including a new water heater (2020), HVAC system (2021), new windows and patio door (2024), smart thermostat, and smart front door lock. Additional upgraded appliances include the washer and dryer (2020) and a gas range (2022), blending modern convenience with everyday functionality. Step outside to enjoy the fully fenced backyard with a privacy fence, creating the perfect setting for outdoor gatherings, pets, play, or simply relaxing in your own private outdoor space. The deck provides an ideal spot for entertaining or enjoying quiet evenings outdoors. Located in Kings Park West, this home offers walkable access to George Mason University and Robinson High School, a quiet and well-maintained neighborhood filled with long-time residents, and convenient access to shopping, dining, and downtown Fairfax. Parking is never an issue with two dedicated spots right in front of the home. Residents also enjoy community amenities including a pool, playgrounds, and social events. You’ll also love nearby favorites like Burke Lake Park, Patriot Pawsabilities Cat Lounge, local coffee shops, Main Street Bagels, Commonwealth Brewery, and more. This home truly combines location, updates, and livability—don’t miss your opportunity to make it yours. Schedule your showing today!
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.
