Welcome to Mountain-View Living in Shenandoah Farms! Nestled within the desirable Shenandoah Farms community just outside of Front Royal, this gorgeous home is perfectly positioned in the sought-after Mountain View Section of the Farms. Offering both beauty and convenience, the property is easily accessed via road frontage on paved Tulip Poplar Road, with a paved driveway welcoming you home. Built in 2020, this modern residence is designed for effortless single-floor living, making it ideal for a wide range of lifestyles. Main floor access is available through the garage or the inviting front porch, creating a seamless flow into the heart of the home. Inside, you’ll find a spacious and thoughtfully designed layout featuring 4 bedrooms and 3 bathrooms, with a little over 2,900 square feet of comfortable living space. The laundry room is conveniently located on the main floor, adding to the home’s practical appeal. The lower level offers a large recreation room complete with a bar, making it the perfect space for entertaining, relaxing, or hosting gatherings with family and friends. One of the home’s most captivating features is the breathtaking valley views, which can be enjoyed from the kitchen, back porch, and primary bedroom. Whether you’re sipping coffee in the morning or unwinding in the evening, the scenic backdrop provides a daily reminder of the natural beauty that surrounds you. The property is zoned residential, offering flexibility and peace of mind for future use. Its prime location makes it an excellent commuter home, with quick and easy access to US-66 and US-50, connecting you effortlessly to surrounding towns and cities. Outdoor enthusiasts will appreciate the close proximity to the G.R. Thompson Wildlife Management Area, where hiking, biking, and walking trails await. From mountain views to modern comfort, this home delivers the perfect balance of nature, convenience, and style. If you’ve been searching for a beautiful, move-in-ready home with stunning views in a highly desirable community, this property in Shenandoah Farms is one you won’t want to miss. Schedule your private showing today and experience mountain living at its finest.
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.
