VA 3.25% ASSUMABLE LOAN AVAILABLE! Picture yourself turning onto the quiet, tree-canopied stretch of 1401 Buena Vista Avenue, a sophisticated retreat that perfectly balances the classic charm of McLean with a sense of modern, suburban grace. This isn’t just a property; it’s a residence where morning light filters through mature oaks, neighbors exchange friendly waves on evening strolls, and the hectic pace of Northern Virginia feels miles away—yet remains right at your doorstep. Step through the front door and you’re greeted by an atmosphere of timeless elegance, where gleaming floors and an airy, open layout set the stage for both vibrant entertaining and quiet reflection. To one side, a sun-drenched formal space invites candlelit dinners and holiday gatherings; to the other, a versatile room awaits your vision for a quiet library or a productive home office. The heart of the home is a kitchen designed for connection. High-end finishes, ample prep space, and a generous island make it a natural gathering spot, flowing seamlessly into a family room anchored by a warm fireplace and walls of windows. Imagine weekend brunches that drift from the breakfast nook out onto the private terrace, where the scent of fresh air and the sound of birdsong remind you that you’ve found a truly special place to call home. Upstairs, the owner’s suite serves as your personal sanctuary. With its gracious proportions and spa-inspired bath, it offers a tranquil escape from the world. Additional bedrooms provide comfort and flexibility for family or guests, each thoughtfully positioned to maintain a sense of privacy and ease. The finished lower level adds another layer of lifestyle, perfectly suited for a state-of-the-art media room, a dedicated fitness studio, or a guest retreat. Beyond the driveway, life at 1401 Buena Vista Avenue puts the best of the region within reach. Nestled in the heart of 22101, you are minutes from the upscale boutiques and fine dining of Tysons Galleria and the charming, local feel of McLean Central Park. Spend your weekends exploring the rugged trails of Great Falls Park or enjoying the community events and farmers' markets that give McLean its distinct small-town heart. Whether you’re heading to the Pentagon, Amazon HQ2, or Downtown D.C., quick access to the GW Parkway, I-495, and the Silver Line Metro makes your commute remarkably smooth. Situated within the highly-regarded McLean school pyramid, this location ensures proximity to some of the area’s most respected institutions. From the manicured gardens to the expansive, light-filled interiors, this home is more than an address—it’s a backdrop for a life well-lived, where your next chapter is ready to be written in a setting of unmatched comfort and convenience.
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.
