Tucked within one of Reston’s mature, tree-lined neighborhoods, 10818 Oldfield Drive offers the perfect blend of convenience, character, and comfortable everyday living. Built in 1976, this beautifully maintained four-bedroom, three-bath home combines spacious interior living with inviting outdoor spaces, all while being just minutes from major commuter routes, shopping, dining, parks, trails, schools, and employment centers. From the moment you arrive, the property immediately stands out with its elevated setting, mature trees, and welcoming curb appeal. The gently sloping front yard creates both privacy and an attractive natural setting, offering opportunities for seasonal landscaping and a peaceful separation from the street. The surrounding neighborhood feels tucked away and serene while still providing exceptional accessibility to everything Northern Virginia living has to offer. Inside, guests are often surprised by how spacious the home feels compared to its exterior appearance. The layout offers an abundance of functional living space with a comfortable flow that works beautifully for both everyday life and entertaining. Warm hardwood flooring throughout much of the main level adds timeless character, while large windows fill the home with natural light throughout the day. One of the standout spaces is the bright and expansive dining room. Designed to comfortably accommodate a 120-inch dining table along with additional furniture pieces, the room still feels open, airy, and inviting. Large windows create a sun-filled atmosphere, while custom roller shades add both style and functionality. The main living area serves as the heart of the home, positioned conveniently beside the kitchen and creating a natural gathering space for family and friends. The finished basement adds even more flexibility and has become a favorite space for movie nights, complete with a projector screen and sound system that create a cozy entertainment experience. Outdoor living spaces continue the home’s appeal. The backyard provides additional room for relaxing, entertaining, and enjoying the natural surroundings, while recent screened porch structural reinforcements and deck improvements completed in 2026 further enhance the outdoor experience. The home has seen numerous major updates over the years, including a newly replaced roof, all new windows, a new water heater, updated HVAC system, screened porch structural improvements in 2026, and deck repairs and updates completed in 2026. These improvements provide both long-term value and peace of mind for future owners. Inviting, spacious, and exceptionally convenient, this home offers a rare balance of privacy and accessibility. Whether enjoying quiet evenings surrounded by mature trees, gathering with family in the spacious living areas, or taking advantage of Reston’s incredible nearby amenities and commuter access, 10818 Oldfield Drive offers a lifestyle that feels both connected yet comfortably tucked away.
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.
