Tucked at the end of a quiet cul-de-sac and backing to a private greenbelt, 12534 Belfield Court offers the rare combination of space, privacy, and convenience in one of Woodbridge’s most established neighborhoods. Surrounded by mature trees and natural greenery, this 5-bedroom, 3.5-bath home provides a peaceful setting while remaining just minutes from shopping, and everyday amenities. Inside, the home welcomes you with beautiful hardwood floors, formal living and dining spaces, and a flexible layout designed for both everyday comfort and memorable gatherings. The main living areas flow easily together, with a cozy fireplace anchoring the living room and creating a warm place to relax with family and friends. Large windows bring in natural light while maintaining the private feel created by the wooded backdrop. One of the home’s most impressive features is the fully finished basement, designed to feel like a second living space. Complete with a wet bar, full living room, office area, spare bedroom, and a three-quarter bath, the lower level provides incredible flexibility for entertaining, guest space, or a private retreat. Step outside and you’ll discover a backyard designed for both relaxation and entertaining. The two-level deck offers ample space for gatherings, while the fully enclosed yard provides privacy and security. A small gate leads directly to the greenbelt behind the home, where wildlife sightings and peaceful wooded views are part of everyday life. The front yard is equally charming, highlighted by mature landscaping including a graceful weeping cherry tree that puts on a beautiful display each summer. Recent improvements include a fully remodeled primary bathroom in 2023, a remodeled third-floor full bath in 2024, a basement bathroom upgrade in 2026, and new basement carpeting installed in 2026, ensuring the home is both updated and move-in ready. The surrounding community is known as a hidden gem, offering mature trees, larger lots, and a welcoming neighborhood feel. Residents enjoy a community pool and playground within walking distance, creating opportunities for recreation and connection with neighbors. Warm, inviting, and designed for gathering, this home has provided the perfect backdrop for hosting friends, celebrating milestones, and creating lasting memories. With its spacious layout, private setting, and exceptional entertaining spaces, 12534 Belfield Court is ready to welcome its next chapter.
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.
