UNIQUE VA LOAN ASSUMPTION OPPORTUNITY AVAILABLE AT 2.875%! Qualified buyers may have the rare opportunity to assume the seller's existing VA loan, offering significant savings compared to many of today's market interest rates. This assumption opportunity could provide substantial long-term savings and increased purchasing power. Welcome to the lifestyle buyers are searching for in Stafford County. Nestled in the award-winning community of Embrey Mill, this beautifully maintained 4-bedroom, 3.5-bath home offers the perfect combination of modern living, outdoor enjoyment, and unmatched convenience. Imagine starting your morning with a walk along scenic community trails, grabbing coffee at the neighborhood bistro, and still being just minutes from I-95, Quantico, commuter lots, the VRE, shopping, and dining. This is the kind of location that makes everyday life easier while providing the neighborhood atmosphere buyers love. Inside, the highly sought-after open floor plan is designed for the way people live today. Sunlight fills the spacious main level, creating an inviting space where family and friends naturally gather. The kitchen serves as the centerpiece of the home, featuring stylish open shelving, abundant workspace, and seamless flow into the dining and living areas—perfect for hosting game days, holiday celebrations, or quiet evenings at home. Upstairs, the spacious primary suite offers a peaceful retreat after a long day, complete with a private en-suite bath and generous closet space. Additional bedrooms provide flexibility for family, guests, home offices, or hobbies. The finished lower level delivers even more living space, offering endless possibilities for a media room, recreation area, fitness space, guest accommodations, or multi-generational living. Step outside and discover what truly sets this home apart. The expansive rear deck overlooks a fenced backyard designed for entertaining, relaxing, and making memories. Whether you're hosting summer cookouts, enjoying evenings under the stars, or watching pets and children play, this outdoor space becomes a natural extension of the home. A desirable rear-entry two-car garage enhances both curb appeal and functionality while preserving the charming streetscape that makes Embrey Mill one of North Stafford's most sought-after communities. Residents enjoy access to resort-style amenities including multiple pools, a fitness center, clubhouse, dog parks, playgrounds, sports fields, miles of walking trails, a neighborhood café, and a full calendar of community events that create a true sense of connection. If you've been searching for a move-in ready home that offers space, flexibility, outdoor living, top-tier amenities, and one of Stafford's most desirable locations, this is the opportunity you've been waiting for.
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.
