• Welcome home to 109 Great Falls St #10 in the heart of sought-after Falls Church City — a beautifully maintained 3-level brick townhome offering timeless character, functional living spaces, and an unbeatable walkable location just moments from everything Falls Church City is known for. • MAIN LEVEL LIVING & DINING: The main level features sparkling hardwood flooring throughout the spacious living and dining room combination, creating a warm and inviting atmosphere for everyday living and entertaining. The living room is anchored by a charming wood-burning fireplace and flows seamlessly to the outdoor entertaining space through elegant French doors. • KITCHEN: Bright and functional kitchen featuring stainless steel appliances, a new vent hood, tile flooring, ample cabinetry, and convenient access to the dining area for easy everyday living. • PRIVATE OUTDOOR SPACE: French doors open directly to the private fenced rear paver patio, creating the perfect outdoor retreat for dining al fresco, entertaining guests, gardening, or simply relaxing outdoors. • PRIMARY SUITE: Spacious upper-level primary suite featuring elegant coffered ceilings, generous closet space, and an ensuite bathroom complete with a Jacuzzi soaking tub and separate walk-in shower. • SECOND UPPER-LEVEL SUITE: Exceptionally spacious second bedroom that lives like an additional primary suite, featuring its own private ensuite bathroom, ceiling fan, and excellent closet space. • LOWER LEVEL: Fully finished lower level featuring built-ins, a full bathroom, laundry area, and additional storage space. Ideal for a recreation room, home office, guest suite, gym, or flexible living area. • ADDITIONAL FEATURES: Brick exterior, hardwood flooring, wood-burning fireplace, recessed lighting, private fenced patio, lower-level laundry, abundant storage, and thoughtful living spaces throughout. • LOCATION & LIFESTYLE: Ideally located in the heart of Falls Church City just blocks to the Falls Church Farmers Market, W&OD Trail, Cherry Hill Park, library, coffee shops, local restaurants, and boutique shopping. Commuters will appreciate convenient access to both East Falls Church Metro and West Falls Church Metro along with major commuter routes including Interstate 66, Route 7, Route 50, and Broad Street, providing easy access to Washington, DC, Arlington, Tysons, and surrounding Northern Virginia destinations. • This exceptional townhome offers the perfect blend of comfort, convenience, charm, and location — WELCOME HOME!
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.
