Welcome to this beautifully maintained 5-bed, 3-bath single-family home situated on a nearly 13,000 sq ft corner lot in the highly sought-after Westleigh community, featuring an exceptionally low HOA fee of less than $200 per year. Hardwood floors flow throughout the light-filled main level, including a spacious living room, formal dining room, and an inviting kitchen with white cabinetry, ample counter space, white appliances, and a sunny eat-in breakfast area. Designed for both everyday living and entertaining, this home boasts a spacious sunroom addition with updated flooring (2021) that seamlessly connects to the rear patio, creating the perfect indoor-outdoor gathering space. Upstairs, the expansive owner's suite offers a large walk-in closet and an updated ensuite bath featuring a contemporary vanity, new tile flooring (2026), and a shower/tub combination. Three additional generously sized bedrooms and a second full bath complete the upper level. The versatile lower level includes a family room showcasing upgraded flooring (2021) and a cozy wood-burning fireplace, ideal for relaxing evenings or hosting guests. Plus, a 5th bedroom and additional full bath on this lower level are well-situated for long-term guests, in-law suite, a private home office, or potential rental opportunities. Additional highlights include Tesla solar panels (2016) that generate thousands of kWh of sustainable, clean energy annually, a one-car garage with driveway parking for up to three vehicles, and numerous recent updates including HVAC (2020), patio (2020), carpet (2026), interior paint (2026), and bathroom updates (2026). Perfectly located just steps from Dufief Elementary School and the Westleigh Recreation Club, offering a pool, pickleball and tennis courts, and summer camp activities. Commuters will appreciate easy access to Shady Grove Metro (red line), I-270, and Route 200, while nearby Kentlands, Crown, and Rio provide endless dining, shopping, and entertainment options. Dufief ES, Robert Frost MS, and Wootton HS district. Don't miss this!
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.
