Welcome to this exceptional residence in idyllic Darnestown Hills, where refined design meets effortless, resort-like living. Offering over 5,000 finished square feet across three beautifully finished levels, the current owners have invested nearly $300,000 in upgrades over the last three years, and the quality of those improvements is evident throughout. The heart of the home is the chef’s kitchen, a true showpiece with sleek, two-tone European-style cabinetry and a full suite of commercial-grade Miele appliances. A built-in Miele espresso machine and a wine fridge discreetly integrated beneath a perfectly proportioned waterfall countertop, creating both a functional workspace and a striking visual centerpiece. The kitchen opens seamlessly to a large family room, where a stylish fireplace adds warmth and character while complementing the generous scale of the space. This open layout is ideal for both everyday living and hosting gatherings. Stepping outside, you’ll discover a resort-caliber retreat in the backyard. A heated pool and spa provide the focal point, enhanced by resurfaced finishes, professionally redesigned lighting, and lush landscaping that create a stunning atmosphere both day and night. The new, fully equipped gazebo with bar seating makes outdoor entertaining effortless and inviting.The main level also includes a formal living room, a formal dining room, and the perfect home office behind glass French doors. Upstairs, the luxurious owner’s suite awaits, featuring a new spa-like bathroom with a fireplace overlooking the soaking tub, a spacious walk-in shower, and magazine-worthy finishes. A peaceful sitting area and two walk-in closets provide comfort and convenience. Three additional well-proportioned bedrooms and another beautifully renovated bathroom complete the upper level. The beautiful living space extends to the fully finished lower level, boasting two bonus rooms connected by a renovated full Jack-and-Jill bath. This level is ideal for recreation and relaxation, with a stunning built-in wine wall, a workout area, and the perfect place for movie watching. Practicality pairs with luxury through the home’s abundant parking options, including an extended driveway and a new circular driveway at the front of the property, adding both convenience and impressive curb appeal. This property seamlessly blends high-end design, modern functionality, and resort-style outdoor living, offering an exceptional opportunity for its next owner to move in and enjoy immediately.
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.
