Welcome home to the one you've been waiting for, a meticulously upgraded residence nestled in the sought-after Four Seasons in Historic Virginia, one of Northern Virginia's premier 55+ active adult communities. This beautiful stone front elevation 3-bedroom, 2-bath home has been thoughtfully transformed from top to bottom, offering the rare combination of move-in-ready condition with brand-new finishes that rival new construction. Step inside and immediately notice the difference. New luxury vinyl plank flooring flows seamlessly through the main living areas, complemented by plush new carpet and modern light fixtures. The heart of the home, a completely renovated kitchen, dazzles with sleek new cabinetry, gleaming quartz countertops, and a full suite of new stainless steel appliances including refrigerator, dishwasher, and stove/oven. Fresh neutral paint throughout creates a bright, welcoming canvas the moment you walk through the door. Both bathrooms have been tastefully updated with new vanities, a brand-new washer and dryer convey with the home, and the HVAC condenser (replaced in 2024) means the big-ticket items are already handled. This home isn't just updated. It's better than new. Beyond your front door, the Four Seasons lifestyle awaits — a 21,000 sq ft clubhouse with indoor and outdoor pools, tennis courts, a state-of-the-art fitness center, ballroom, crafts, classes, and a year-round social calendar that keeps every day as full or as relaxed as you choose. Friendly neighbors, manicured surroundings, and a true sense of community make this far more than just a place to live. Don't miss the opportunity to make this hidden gem yours.
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.
