OPEN HOUSE SATURDAY 2/14 2:30-4:30PM -JUST STOP BY!!! **Back on Market no fault of seller- Buyer financing fell through**Experience refined living in the heart of the highly coveted Wentworth Green community. This expansive NVHomes “Andrew Carnegie” residence—with the rare 10’ extension/fully finished basement—offers the grandeur of a single-family home paired with the ease of low-maintenance townhome living. With an impeccably finished interior space, this home features 4 bedrooms, 3.5 baths, and a 2-car rear-load garage, designed for both elegance and comfort. Step through the front entrance into a bright and welcoming foyer with a coat closet and beautiful French doors that reveal a sophisticated fourth legal bedroom. Perfect as a private in-law suite, guest retreat, or executive-level home office, this space includes a generous closet and a full en-suite bathroom. The lower level also showcases a custom mudroom featuring brick tile flooring, open shelving, and abundant storage—both stylish and practical. Ascend to the main level, where luxury unfolds in the home’s stunning gourmet kitchen. Anchored by a massive 12-foot island, this culinary masterpiece includes white modern cabinetry that extends to the ceiling, quartz countertops, custom backsplash, a stunning custom built vent hood, stainless steel appliances, and a large walk-in pantry—ideal for both everyday living and impressive entertaining. The kitchen flows seamlessly into the expansive family room, highlighted by board and batten walls, new carpeting, a charming brick-tile gas fireplace, custom built-ins, and French doors opening to a low-maintenance composite deck. A refined formal dining room and a discreetly positioned half bath complete this elegant level. Upstairs, the lavish primary suite awaits—featuring two oversized walk-in closets, a walk-in shower with 2 shower heads, and a private water closet. Two spacious secondary bedrooms, a full bathroom with tub, and an exceptionally convenient walk-in laundry room offer comfort and functionality for the entire household. The resort-style amenities of Wentworth Green elevate everyday living: a sparkling swimming pool, dog park, scenic walking paths, tot lot, tennis and basketball courts, and beautifully maintained green spaces. As the only residential community within the Virginia Gateway Center, residents enjoy unmatched convenience with paved paths to upscale shopping, dining, and entertainment, including Regal Cinemas. The community sits directly across from Gainesville High School, Gainesville Middle School, and Lifetime Fitness! Welcome home to Wentworth Green—where luxury, convenience, and lifestyle come together seamlessly. Don't miss out on this one!!
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.
