Welcome to 15333 Blacksmith Terrace, a beautifully updated three-level brick townhome in the sought-after Rippon Landing community of Prince William County. Offering nearly 2,000 square feet of finished living space, this move-in-ready home combines tasteful updates, comfortable living spaces, and an unbeatable location for today's busy lifestyle. The main level features an open and inviting layout centered around a renovated kitchen with white shaker cabinetry, quartz countertops, a stylish tile backsplash, a brand-new Frigidaire Gallery stainless steel appliance package, a pantry, and plenty of space for everyday living and entertaining. Throughout the home you'll find new energy-efficient windows, updated flooring, fresh paint, modern lighting, and abundant natural light that creates a bright and welcoming atmosphere. The home offers three spacious bedrooms, three and a half updated bathrooms, and three finished levels designed to provide flexibility for a variety of needs. The walk-out lower level includes a large recreation room or bonus space that's ideal for a home office, media room, fitness area, guest space, or playroom, along with a brand-new full-size washer and dryer. The renovated bathrooms feature updated vanities, tile surrounds, modern fixtures, and fresh finishes. Outside, enjoy the classic brick exterior and the amenities Rippon Landing has to offer, including a community swimming pool, basketball courts, playgrounds, mature landscaping, and walking paths. The location is ideal for commuters, with convenient access to Interstate 95, Express Lanes, Route 1, the Rippon VRE Station, and major employment centers throughout Northern Virginia and Washington, DC. Shopping, dining, and entertainment are just minutes away at Stonebridge at Potomac Town Center and Potomac Mills, while nearby Leesylvania State Park and Neabsco Regional Park provide excellent opportunities for outdoor recreation. Whether you're a first-time buyer, military family, federal employee, or anyone looking for an updated home in a convenient Northern Virginia location, 15333 Blacksmith Terrace offers an excellent combination of space, modern updates, community amenities, and commuter convenience. With its thoughtful renovations, functional floor plan, and prime location, this is a home you'll want to see. Schedule your private tour today.
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.
