Luxury living, privacy, and convenience come together at this exceptional custom home in Great Falls. Situated on a private five-acre wooded property within the Langley High School pyramid, this beautifully updated residence offers more than 6,700 square feet of living space. Set back from the road at the end of a long private driveway, the property offers a serene woodland setting surrounded by mature trees and natural beauty. The five-acre parcel provides privacy and a sense of seclusion while maintaining convenient access to Northern Virginia and Washington, D.C. Just 18 minutes from Tysons, Reston, Dulles Airport, and close to major commuter routes, shopping, dining, and business centers. A grand two-story foyer welcomes guests with a sweeping staircase, soaring 10’ ceilings, hardwood floors, and timeless architectural details. The main level features formal living and dining rooms, a private office, two powder rooms, and spacious gathering areas filled with natural light. The chef's kitchen includes a large center island with prep sink, Sub-Zero refrigerator, professional-grade 48-inch gas range with double ovens, walk-in pantry, butler's pantry, abundant cabinetry, and seamless flow into the breakfast area and great room. A dramatic stone fireplace, built-in shelving, and walls of windows overlook the surrounding landscape. The screened porch extends the living space outdoors and provides a comfortable setting for relaxing, dining, and enjoying the natural surroundings. The primary suite features a spa-inspired bathroom, two oversized walk-in closets, and wooded views of the property. Three additional upper-level bedrooms each have access to recently renovated bathrooms. A sitting area, cedar closet, back staircase, and well-designed laundry room add convenience and functionality. The walk-out lower level offers exceptional flexibility and includes a large recreation room, exercise area, fifth bedroom, renovated full bath, sauna, beverage center, and substantial climate-controlled storage space. The attached four-car garage was insulated, heated, and upgraded with new garage doors in 2022. Additional improvements since 2020 include new roof, whole-house generator, screened porch addition, updated HVAC systems, renovated bathrooms, custom window treatments, upgraded laundry room, and numerous other capital improvements. This move-in ready home combines timeless architecture, extensive updates, generous living spaces, and a private five-acre setting in one of Great Falls' most desirable locations. Colvin Run Elementary School, Cooper Middle School, and Langley High School.
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.
