Freshly prepped and move-in ready, this stunning 6-bedroom, 3.5-bath colonial is perfectly situated in the desirable first section of amenity-rich Aquia Harbour. Spanning three finished levels, much of the home features fresh paint and a roof replaced in 2023. The main level centers around the gourmet center island kitchen featuring granite counters, stainless steel appliances, a center island with pull-out shelving, and a unique octagonal shiplap ceiling. It flows into a breakfast room and a dramatic family room with 16-foot cathedral ceilings, luxury vinyl plank flooring, and a cozy wood-burning fireplace. Formal living and dining rooms with laminate flooring provide additional space, while a well-equipped laundry room with side-deck access and a storage-ready half bath complete the level. Upstairs, the primary suite offers a walk-in closet and a renovated ensuite bath featuring dual vanities, slate tile floors, and a floor-to-ceiling glass tile shower. Three additional bedrooms—one with a Palladian window and built-ins—share the hall full bath illuminated by an operable skylight. The finished basement adds significant living space with a large rec room, a private den/office, two legal bedrooms with egress windows, and a third full bath. Outdoor living is a highlight, featuring a spacious tiered rear deck with a gazebo, a paverstone patio, and a low-maintenance, fenced rear yard. The oversized driveway Newly sealed and offers parking for up to 10 cars leading to a 2-car garage with insulated doors. Located just seconds from the front gate for easy access to shopping, 95, Quantico and more! The abundant Aquia Harbour amenities include a 24-hour manned front gate and residents-only rear gate, two pools, state-certified police force, fire department, marina with boat ramp and fishing pier, kayak and canoe launches, golf course with pro shop, putting green, driving range, and the clubhouse restaurant, dog park, horse stables with riding areas and trails, secure storage lot, community garden, preschool, fishing park, and multiple additional parks with tot lots, tennis, and basketball courts. The community is surrounded by natural beauty with wildlife including deer, fox, bald eagles, and blue heron, and hosts events throughout the year such as Independence Day celebrations with parade and fireworks, Oktoberfest, outdoor movies, and more.***Any Offer Submissions Need to be Received by Sunday Night 4/12 for Review and Response on Monday 4/13***
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.
