Beautiful classic Colonial nestled on 3.9 private acres at the end of a quiet cul-de-sac, featuring an attached private guest suite complete with its own kitchen and living area, perfect for multigenerational living or extended stays. This lovingly maintained home offers 4 bedrooms and 3.5 baths, including three nicely sized bedrooms on the upper level and a fourth bedroom within the main-level suite. A welcoming front porch offers the perfect spot to relax and enjoy peaceful surroundings. The main level features a formal living and dining room, ideal for entertaining. The spacious kitchen includes granite countertops, a double wall oven, a cooktop in the center island, and a breakfast area. It opens to the inviting family room with a cozy wood stove fireplace and flows into a light-filled sunroom with skylights, providing the perfect space to relax and take in the natural beauty. Beautiful wood floors extend throughout much of the main level. The expansive primary suite serves as a true retreat, complete with a remodeled full bath. Pride of homeownership shines throughout, with thoughtful care evident in every detail. Enjoy outdoor living on the tiered deck overlooking peaceful, wooded views. An oversized 2-car garage and outdoor shed provide ample space for parking, storage, or a workshop. Residents have private access to Cannon Bluff Park, a 12.5-acre park with facilities for picnicking, boating, grilling, hiking, and fishing. Additional amenities include a dock with boat ramp and a well-maintained trail through the forest. Commuters will appreciate the easy access to Prince William Parkway, Route 234, Horner Road and Tackett’s Mill commuter lots and the VRE. Shopping, dining, and entertainment choices are abundant in every direction! Updates include: Fireplace Wood Stove (2025), In-law Suite Windows (2023), Water Heater & Well Pump (2022), Kitchen Refrigerator and Humidifier System (2022), Family room carpet (2022), HVAC - Main house (2021), Roof, Skylights, Solar Shades (2019). 3D Tour, Floorplans, and Walk Through Video are available.
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.
