Home is the Address. Stonebridge is the Lifestyle. Step outside the front door and within minutes you are at Stonebridge at Potomac Town Center — Wegmans, Alamo, Not Your Average Joes and other acclaimed restaurants, fitness, and retail all in one destination. This is not a perk you discover after moving in. It is the rhythm of daily life here. Inside, this Stanley Martin-built condominium delivers over 2,300 square feet across two well-designed levels — more space than most buyers expect at this price point in Woodbridge. The open main level flows from a generous living and dining area into a gourmet kitchen anchored by a large island with seating, granite countertops, stainless steel appliances, and tall cabinetry built for real storage. A private balcony off the main level extends your living space outdoors. The upper level features a spacious primary suite with walk-in closet and en-suite bath, plus two additional well-proportioned bedrooms and a full hall bath. The one-car garage with interior entry rounds out a layout built for real life. When you need to move, everything is here. The Rippon VRE station is three miles away. I-95, Route 1, and Prince William Parkway put the Pentagon, Fort Belvoir, Quantico, and DC within commuting distance. Potomac Mills Mall, Occoquan Regional Park, and the Potomac Heritage National Scenic Trail are all close. This listing more than the home - it is community, a commute solved, a lifestyle address — and a seller ready to make it yours. PROPERTY DETAILS · 3 Bedrooms · 2.5 Baths · 2,362 Sq Ft · One-Car Garage with Interior Entry · Gourmet Kitchen: Granite Countertops, Large Island, Stainless Steel Appliances · Primary Suite with Walk-In Closet & En-Suite Bath · Private Balcony · Built 2016 · Stanley Martin · Chesterfield Condominium Community
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.
