Assumable 2.75% VA mortgage available to qualified buyers, including qualified non-VA buyers. Welcome to Crystal Gateway Condominiums, where prestige, spacious living, stunning Potomac River and city skyline views, and exceptional convenience come together in the heart of Crystal City. This beautifully updated 2-bedroom, 2-bath residence offers approximately 1,576 square feet of refined living space with floor-to-ceiling windows, abundant natural light, and an oversized private balcony designed for both relaxing and entertaining. A marble-floor foyer opens into expansive living and dining spaces that flow seamlessly into the renovated kitchen featuring stainless steel appliances, black granite countertops, white cabinetry, custom backsplash, built-in desk area, and coffee/wet bar. Luxury vinyl plank flooring runs throughout the main living areas. The spacious primary suite offers direct balcony access, two custom Elfa closets including a walk-in closet, and a renovated spa-inspired bath with updated countertops, sinks, fixtures, soaking tub, bidet, and beautifully tiled shower. The second bedroom also features floor-to-ceiling windows, balcony access, generous closet space, and access to a renovated full guest bath. Additional custom Elfa closets in the entry foyer and hallway add exceptional storage and convenience. The residence includes a secured garage parking space and private storage unit. Crystal Gateway residents enjoy extensive amenities including 24-hour concierge and security, indoor and outdoor pools, fitness center, sauna, party room, library, and elegant common spaces. The building offers direct underground access to Crystal City Metro and exceptional connectivity to National Airport, Amazon HQ2, Long Bridge Park and Aquatics Center, the Mount Vernon Trail, and the dynamic Crystal Drive corridor lined with acclaimed restaurants, cafés, Whole Foods, Alamo Drafthouse Cinema, and everyday conveniences woven seamlessly throughout National Landing. Future neighborhood enhancements include the planned pedestrian bridge connection to National Airport, an additional Crystal City Metro entrance, and more. A rare opportunity to combine premium river-view living with highly attractive assumable financing in one of Northern Virginia’s most connected urban communities.
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.
